45, LOCKINGTON CLOSE, CHELLASTON, DERBY, DE73 6XD - £153,000

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.

45 LOCKINGTON CLOSE is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £220,257. It was last sold for £153,000 in September 2016, which was around 6% above the average September 2016 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

45 LOCKINGTON CLOSE Sold Prices

Land registry data shows three sales for 45 LOCKINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Two of the three 45 LOCKINGTON 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
2016 16 SEP	£153,000	£143,680	6% above HPI
2015 23 MAR	£122,500	£128,937	5% below HPI
1998 6 NOV	£54,250	£41,559	31% above HPI

45 LOCKINGTON 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 three 45 LOCKINGTON CLOSE sales between November 1998 and September 2016 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 March 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the September 2016 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 45 LOCKINGTON CLOSE be worth now?

45 LOCKINGTON CLOSE might now be worth an estimated £220,257.

This is based on house price inflation of 44%, between September 2016 and March 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 44% inflationary increase is applied to the most recent sale price for 45 LOCKINGTON CLOSE of £153,000 on 16th September 2016. For the value to have increased from £153,000 to £220,257 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of 45 LOCKINGTON CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The September 2016 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 45 LOCKINGTON CLOSE has not materially changed since September 2016.

How Large is 45 LOCKINGTON CLOSE?

45 LOCKINGTON CLOSE is 48m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 10% 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 45 LOCKINGTON CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 45 LOCKINGTON CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

45 LOCKINGTON CLOSE: Plot and Title Map

45 LOCKINGTON CLOSE sits on a plot of roughly 0.057 of an acre, or 231m². The below map shows the location of 45 LOCKINGTON 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 45 LOCKINGTON 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 45 LOCKINGTON CLOSE?

45 LOCKINGTON CLOSE is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 45 on LOCKINGTON CLOSE.