29, MAREE CLOSE, SINFIN, DERBY, DE24 9LL - £165,000

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.

29 MAREE CLOSE is a small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £242,250. It was last sold for £165,000 in February 2016, which was around 24% below the average February 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

29 MAREE CLOSE Sold Prices

Land registry data shows two sales for 29 MAREE 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 29 MAREE 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
2016 9 FEB	£165,000	£216,484	24% below HPI
2014 13 AUG	£120,500	£206,600	42% below HPI

29 MAREE 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 29 MAREE CLOSE sales from August 2014 and February 2016 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 August 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the February 2016 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 29 MAREE CLOSE be worth now?

29 MAREE CLOSE might now be worth an estimated £242,250.

This is based on house price inflation of 46.8%, between February 2016 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 46.8% inflationary increase is applied to the most recent sale price for 29 MAREE CLOSE of £165,000 on 9th February 2016. For the value to have increased from £165,000 to £242,250 over the eight years and eight months to June 2025, the following assumptions must hold true:

• The value of 29 MAREE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2016 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 29 MAREE CLOSE has not materially changed since February 2016.

How Large is 29 MAREE CLOSE?

29 MAREE CLOSE is 90m² according to the EPC inspection conducted in September 2015. This puts it in the smallest 40% 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 29 MAREE CLOSE lies on this distribution: 32% of detached houses houses are smaller than 29 MAREE CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Derby.

29 MAREE CLOSE: Plot and Title Map

29 MAREE CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 29 MAREE 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 29 MAREE 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 29 MAREE CLOSE?

29 MAREE CLOSE is located in SINFIN, in the DE24 postcode district. The below map shows the position of No. 29 on MAREE CLOSE.