18, LOCHINVAR CLOSE, SPONDON, DERBY, DE21 7QS - £172,500

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.

18 LOCHINVAR CLOSE is a small semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £241,559. It was last sold for £172,500 in January 2018, which was around 16% above the average January 2018 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was D.

18 LOCHINVAR CLOSE Sold Prices

Land registry data shows two sales for 18 LOCHINVAR CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 18 LOCHINVAR 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
2018 16 JAN	£172,500	£149,152	16% above HPI
2011 18 NOV	£135,000	£115,742	17% above HPI

18 LOCHINVAR CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 18 LOCHINVAR CLOSE sales from November 2011 and January 2018 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 November 2011 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the January 2018 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 18 LOCHINVAR CLOSE be worth now?

18 LOCHINVAR CLOSE might now be worth an estimated £241,559.

This is based on house price inflation of 40%, between January 2018 and February 2025, for semi-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 40% inflationary increase is applied to the most recent sale price for 18 LOCHINVAR CLOSE of £172,500 on 16th January 2018. For the value to have increased from £172,500 to £241,559 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 18 LOCHINVAR CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The January 2018 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 18 LOCHINVAR CLOSE has not materially changed since January 2018.

How Large is 18 LOCHINVAR CLOSE?

18 LOCHINVAR CLOSE is 83m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 30% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 18 LOCHINVAR CLOSE lies on this distribution: 23% of semi-detached houses houses are smaller than 18 LOCHINVAR CLOSE, and 77% of houses are larger. Note that EPC data is not available for all properties in Derby.

18 LOCHINVAR CLOSE: Plot and Title Map

18 LOCHINVAR CLOSE sits on a plot of roughly 0.039 of an acre, or 157m². The below map shows the location of 18 LOCHINVAR 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 18 LOCHINVAR 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 18 LOCHINVAR CLOSE?

18 LOCHINVAR CLOSE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 18 on LOCHINVAR CLOSE.