24, GISBORNE CLOSE, MICKLEOVER, DERBY, DE3 9LU - £330,000

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.

24 GISBORNE CLOSE is a midsized extended detached house of 115m², built sometime between 1967 and 1975, which could now be worth an estimated £366,318. It was last sold for £330,000 in March 2022, which was around 15% above the average March 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

24 GISBORNE CLOSE Sold Prices

Land registry data shows two sales for 24 GISBORNE 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 24 GISBORNE 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
2022 31 MAR	£330,000	£286,209	15% above HPI
2003 22 OCT	£192,500	£157,795	22% above HPI

24 GISBORNE 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 24 GISBORNE CLOSE sales from October 2003 and March 2022 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 October 2003 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the March 2022 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 24 GISBORNE CLOSE be worth now?

24 GISBORNE CLOSE might now be worth an estimated £366,318.

This is based on house price inflation of 11%, between March 2022 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 11% inflationary increase is applied to the most recent sale price for 24 GISBORNE CLOSE of £330,000 on 31st March 2022. For the value to have increased from £330,000 to £366,318 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 24 GISBORNE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2022 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GISBORNE CLOSE has not materially changed since March 2022.

How Large is 24 GISBORNE CLOSE?

24 GISBORNE CLOSE is 115m², which includes three extensions, according to the EPC inspection conducted in January 2022. 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 24 GISBORNE CLOSE lies on this distribution: 58% of detached houses houses are smaller than 24 GISBORNE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Derby.

24 GISBORNE CLOSE: Plot and Title Map

24 GISBORNE CLOSE sits on a plot of roughly 0.080 of an acre, or 323m². The below map shows the location of 24 GISBORNE 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 24 GISBORNE 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 24 GISBORNE CLOSE?

24 GISBORNE CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 24 on GISBORNE CLOSE.