2, NEWGATE CLOSE, CHELLASTON, DERBY, DE73 6QT - £155,000

2 NEWGATE CLOSE is a small extended detached house of 87m², built sometime between 1996 and 2002. It was last sold for £155,000 in September 2003, which was around 2% above the average September 2003 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was B.

2 NEWGATE CLOSE Sold Prices

Land registry data shows two sales for 2 NEWGATE 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. One of the two 2 NEWGATE CLOSE sales was for above the average price, whilst the other was roughly equal to 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
2003 19 SEP	£155,000	£152,614	2% above HPI
1995 15 DEC	£62,950	£62,654	Close to HPI

2 NEWGATE 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 2 NEWGATE CLOSE sales from December 1995 and September 2003 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 December 1995 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the September 2003 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2 NEWGATE CLOSE?

2 NEWGATE CLOSE is 87m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the smallest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 2 NEWGATE CLOSE lies on this distribution: 28% of detached houses are smaller than 2 NEWGATE CLOSE, and 71% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 NEWGATE CLOSE: Plot and Title Map

2 NEWGATE CLOSE sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 2 NEWGATE 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 NEWGATE 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 NEWGATE CLOSE?

2 NEWGATE CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 2 on NEWGATE CLOSE.