23, RYE CLOSE, OAKWOOD, DERBY, DE21 2BU - £102,500

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.

23 RYE CLOSE is a very small terraced house of 38m², built sometime between 1983 and 1990, which could now be worth an estimated £118,412. It was last sold for £102,500 in October 2021, which was around 28% below the average October 2021 terraced price in the City of Derby local authority area. The most recent EPC inspection was December 2016, where the current energy rating was D, and the potential energy rating was B.

23 RYE CLOSE Sold Prices

Land registry data shows four sales for 23 RYE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. All of the four 23 RYE 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
2021 22 OCT	£102,500	£142,520	28% below HPI
2006 10 NOV	£89,450	£104,177	14% below HPI
2005 5 AUG	£79,500	£97,074	18% below HPI
1998 15 MAY	£26,000	£31,098	16% below HPI

23 RYE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Derby local authority area over time, sourced from the HPI. The four 23 RYE CLOSE sales between May 1998 and October 2021 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 2006 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 23 RYE CLOSE be worth now?

23 RYE CLOSE might now be worth an estimated £118,412.

This is based on house price inflation of 15.5%, between October 2021 and June 2025, for terraced 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 15.5% inflationary increase is applied to the most recent sale price for 23 RYE CLOSE of £102,500 on 22nd October 2021. For the value to have increased from £102,500 to £118,412 over the four years and four months to June 2025, the following assumptions must hold true:

• The value of 23 RYE CLOSE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The October 2021 sale price of £102,500 represented a fair market value for the property.
• The size, condition, and specification of 23 RYE CLOSE has not materially changed since October 2021.

How Large is 23 RYE CLOSE?

23 RYE CLOSE is 38m² according to the EPC inspection conducted in December 2016. This puts it in the smallest 10% of terraced houses houses in Derby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Derby, and where 23 RYE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 23 RYE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

23 RYE CLOSE: Plot and Title Map

23 RYE CLOSE sits on a plot of roughly 0.022 of an acre, or 91m². The below map shows the location of 23 RYE 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 23 RYE 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 23 RYE CLOSE?

23 RYE CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 23 on RYE CLOSE.