3, FORDYCE CLOSE, CHELLASTON, DERBY, DE73 5YD - £285,000

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 FORDYCE CLOSE is a detached house, which could now be worth an estimated £393,736. It was last sold for £285,000 in May 2017, which was around 24% above the average May 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

3 FORDYCE CLOSE Sold Prices

Land registry data shows three sales for 3 FORDYCE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 3 FORDYCE 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
2017 16 MAY	£285,000	£229,426	24% above HPI
2009 3 JUL	£225,000	£180,058	25% above HPI
2003 12 SEP	£190,000	£152,825	24% above HPI

3 FORDYCE 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 three 3 FORDYCE CLOSE sales between September 2003 and May 2017 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 July 2009 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the May 2017 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 3 FORDYCE CLOSE be worth now?

3 FORDYCE CLOSE might now be worth an estimated £393,736.

This is based on house price inflation of 38.2%, between May 2017 and July 2026, 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 38.2% inflationary increase is applied to the most recent sale price for 3 FORDYCE CLOSE of £285,000 on 16th May 2017. For the value to have increased from £285,000 to £393,736 over the eight years and ten months to July 2026, the following assumptions must hold true:

• The value of 3 FORDYCE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The May 2017 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FORDYCE CLOSE has not materially changed since May 2017.

3 FORDYCE CLOSE: Plot and Title Map

3 FORDYCE CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 FORDYCE 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 FORDYCE 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 FORDYCE CLOSE?

3 FORDYCE CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 3 on FORDYCE CLOSE.