3, WRETHAM CLOSE, MICKLEOVER, DERBY, DE3 0UA - £195,000

3 WRETHAM CLOSE is a very small detached house of 75m², built sometime between 1967 and 1975. It was last sold for £195,000 in June 2017, which was around 15% below the average June 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

3 WRETHAM CLOSE Sold Prices

Land registry data shows three sales for 3 WRETHAM 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 WRETHAM 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
2017 30 JUN	£195,000	£230,186	15% below HPI
2000 18 AUG	£81,500	£82,858	2% below HPI
1996 30 OCT	£60,000	£63,525	6% below HPI

3 WRETHAM 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 WRETHAM CLOSE sales between October 1996 and June 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 August 2000 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2017 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 WRETHAM CLOSE?

3 WRETHAM CLOSE is 75m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 3 WRETHAM CLOSE lies on this distribution: 15% of detached houses are smaller than 3 WRETHAM CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 WRETHAM CLOSE: Plot and Title Map

3 WRETHAM CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 3 WRETHAM 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 WRETHAM 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 WRETHAM CLOSE?

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