4, LAMBETH CLOSE, DERBY, DE22 4FE - £220,000

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.

4 LAMBETH CLOSE is a small detached house of 83m², which could now be worth an estimated £228,142. It was last sold for £220,000 in March 2023, which was around 28% below the average March 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

4 LAMBETH CLOSE Sold Prices

Land registry data shows two sales for 4 LAMBETH 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 4 LAMBETH 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
2023 10 MAR	£220,000	£306,495	28% below HPI
2016 9 DEC	£180,000	£226,488	21% below HPI

4 LAMBETH 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 4 LAMBETH CLOSE sales from December 2016 and March 2023 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 December 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the March 2023 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 4 LAMBETH CLOSE be worth now?

4 LAMBETH CLOSE might now be worth an estimated £228,142.

This is based on house price inflation of 3.7%, between March 2023 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 3.7% inflationary increase is applied to the most recent sale price for 4 LAMBETH CLOSE of £220,000 on 10th March 2023. For the value to have increased from £220,000 to £228,142 over the one year and nine months to June 2025, the following assumptions must hold true:

• The value of 4 LAMBETH CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LAMBETH CLOSE has not materially changed since March 2023.

How Large is 4 LAMBETH CLOSE?

4 LAMBETH CLOSE is 83m² according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% 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 4 LAMBETH CLOSE lies on this distribution: 23% of detached houses houses are smaller than 4 LAMBETH CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 LAMBETH CLOSE: Plot and Title Map

4 LAMBETH CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 4 LAMBETH 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 4 LAMBETH 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 4 LAMBETH CLOSE?

4 LAMBETH CLOSE is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 4 on LAMBETH CLOSE.