3, CHELMSFORD CLOSE, MICKLEOVER, DERBY, DE3 0PU - £188,000

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.

3 CHELMSFORD CLOSE is a small extended semi-detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £216,272. It was last sold for £188,000 in February 2022, which was around 3% above the average February 2022 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

3 CHELMSFORD CLOSE Sold Prices

Land registry data shows four sales for 3 CHELMSFORD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Two of the four 3 CHELMSFORD CLOSE sales were for above the average price, whilst one was 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
2022 18 FEB	£188,000	£181,812	3% above HPI
2020 17 NOV	£165,000	£165,204	Close to HPI
2005 17 AUG	£119,995	£121,626	1% below HPI
1997 13 MAY	£42,000	£38,821	8% above HPI

3 CHELMSFORD CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The four 3 CHELMSFORD CLOSE sales between May 1997 and February 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 November 2020 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the February 2022 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 3 CHELMSFORD CLOSE be worth now?

3 CHELMSFORD CLOSE might now be worth an estimated £216,272.

This is based on house price inflation of 15%, between February 2022 and June 2025, for semi-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 15% inflationary increase is applied to the most recent sale price for 3 CHELMSFORD CLOSE of £188,000 on 18th February 2022. For the value to have increased from £188,000 to £216,272 over the two years and eight months to June 2025, the following assumptions must hold true:

• The value of 3 CHELMSFORD CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The February 2022 sale price of £188,000 represented a fair market value for the property.
• The size, condition, and specification of 3 CHELMSFORD CLOSE has not materially changed since February 2022.

How Large is 3 CHELMSFORD CLOSE?

3 CHELMSFORD CLOSE is 81m², which includes two extensions, according to the EPC inspection conducted in February 2020. This puts it in the smallest 30% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 3 CHELMSFORD CLOSE lies on this distribution: 21% of semi-detached houses houses are smaller than 3 CHELMSFORD CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 CHELMSFORD CLOSE: Plot and Title Map

3 CHELMSFORD CLOSE sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 3 CHELMSFORD 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 3 CHELMSFORD 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 3 CHELMSFORD CLOSE?

3 CHELMSFORD CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 3 on CHELMSFORD CLOSE.