4, SHREWSBURY CLOSE, OAKWOOD, DERBY, DE21 2RW - £300,000

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 SHREWSBURY CLOSE is a very small detached house of 78m², built sometime between 1996 and 2002, which could now be worth an estimated £311,150. It was last sold for £300,000 in February 2023, which was around 2% below the average February 2023 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.

4 SHREWSBURY CLOSE Sold Prices

Land registry data shows six sales for 4 SHREWSBURY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the six 4 SHREWSBURY 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 24 FEB	£300,000	£306,448	2% below HPI
2020 25 SEP	£236,000	£256,272	8% below HPI
2011 18 JAN	£169,995	£182,953	7% below HPI
2005 22 JUN	£144,500	£186,491	23% below HPI
2001 26 MAR	£86,000	£86,457	1% below HPI
1995 26 JUL	£59,000	£62,745	6% below HPI

4 SHREWSBURY 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 six 4 SHREWSBURY CLOSE sales between July 1995 and February 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 September 2020 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2023 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 4 SHREWSBURY CLOSE be worth now?

4 SHREWSBURY CLOSE might now be worth an estimated £311,150.

This is based on house price inflation of 3.7%, between February 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 SHREWSBURY CLOSE of £300,000 on 24th February 2023. For the value to have increased from £300,000 to £311,150 over the one year and eight months to June 2025, the following assumptions must hold true:

• The value of 4 SHREWSBURY CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SHREWSBURY CLOSE has not materially changed since February 2023.

How Large is 4 SHREWSBURY CLOSE?

4 SHREWSBURY CLOSE is 78m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% 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 SHREWSBURY CLOSE lies on this distribution: 18% of detached houses houses are smaller than 4 SHREWSBURY CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 SHREWSBURY CLOSE: Plot and Title Map

4 SHREWSBURY CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 4 SHREWSBURY 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 SHREWSBURY 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 SHREWSBURY CLOSE?

4 SHREWSBURY CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 4 on SHREWSBURY CLOSE.