2, BYFIELD CLOSE, OAKWOOD, DERBY, DE21 2PS - £145,000

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.

2 BYFIELD CLOSE is a very small extended detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £246,892. It was last sold for £145,000 in September 2009, which was around 22% below the average September 2009 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

2 BYFIELD CLOSE Sold Prices

Land registry data shows five sales for 2 BYFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the five 2 BYFIELD CLOSE sales were for below 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
2009 4 SEP	£145,000	£186,667	22% below HPI
2008 18 JAN	£145,000	£205,955	30% below HPI
2004 11 MAR	£150,000	£164,156	9% below HPI
1998 13 NOV	£59,950	£70,811	15% below HPI
1995 9 JUN	£55,000	£62,685	12% below HPI

2 BYFIELD 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 five 2 BYFIELD CLOSE sales between June 1995 and September 2009 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 January 2008 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the September 2009 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 2 BYFIELD CLOSE be worth now?

2 BYFIELD CLOSE might now be worth an estimated £246,892.

This is based on house price inflation of 70.3%, between September 2009 and June 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 70.3% inflationary increase is applied to the most recent sale price for 2 BYFIELD CLOSE of £145,000 on 4th September 2009. For the value to have increased from £145,000 to £246,892 over the sixteen years and three months to June 2025, the following assumptions must hold true:

• The value of 2 BYFIELD CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2009 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 2 BYFIELD CLOSE has not materially changed since September 2009.

How Large is 2 BYFIELD CLOSE?

2 BYFIELD CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the smallest 20% 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 2 BYFIELD CLOSE lies on this distribution: 13% of detached houses houses are smaller than 2 BYFIELD CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 BYFIELD CLOSE: Plot and Title Map

2 BYFIELD CLOSE sits on a plot of roughly 0.082 of an acre, or 331m². The below map shows the location of 2 BYFIELD 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 2 BYFIELD 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 2 BYFIELD CLOSE?

2 BYFIELD CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 2 on BYFIELD CLOSE.