17, VENICE CLOSE, CHELLASTON, DERBY, DE73 5BX - £365,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

17 VENICE CLOSE is a midsized detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £378,516. It was last sold for £365,000 in October 2023, which was around 19% above the average October 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2023, where the current energy rating was C, and the potential energy rating was B.

17 VENICE CLOSE Sold Prices

Land registry data shows two sales for 17 VENICE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 17 VENICE CLOSE sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 20 OCT	£365,000	£306,363	19% above HPI
2007 21 SEP	£249,950	£210,975	18% above HPI

17 VENICE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 17 VENICE CLOSE sales from September 2007 and October 2023 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the September 2007 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the October 2023 sale, where it rises to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 17 VENICE CLOSE be worth now?

17 VENICE CLOSE might now be worth an estimated £378,516.

This is based on house price inflation of 3.7%, between October 2023 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 3.7% inflationary increase is applied to the most recent sale price for 17 VENICE CLOSE of £365,000 on 20th October 2023. For the value to have increased from £365,000 to £378,516 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 17 VENICE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2023 sale price of £365,000 represented a fair market value for the property.
• The size, condition, and specification of 17 VENICE CLOSE has not materially changed since October 2023.

How Large is 17 VENICE CLOSE?

17 VENICE CLOSE is 111m² according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 17 VENICE CLOSE lies on this distribution: 54% of detached houses houses are smaller than 17 VENICE CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Derby.

17 VENICE CLOSE: Plot and Title Map

17 VENICE CLOSE sits on a plot of roughly 0.084 of an acre, or 339m². The below map shows the location of 17 VENICE CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 17 VENICE CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 17 VENICE CLOSE?

17 VENICE CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 17 on VENICE CLOSE.