5, HEIGHAM CLOSE, DERBY, DE24 9QF - £115,000

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.

5 HEIGHAM CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £198,067. It was last sold for £115,000 in October 2012, which was around 37% below the average October 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was June 2012, where the current energy rating was F, and the potential energy rating was B.

5 HEIGHAM CLOSE Sold Prices

Land registry data shows one sale for 5 HEIGHAM CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the City of Derby local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2012 12 OCT	£115,000	£182,826	37% below HPI

What might 5 HEIGHAM CLOSE be worth now?

5 HEIGHAM CLOSE might now be worth an estimated £198,067.

This is based on house price inflation of 72.2%, between October 2012 and April 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 72.2% inflationary increase is applied to the most recent sale price for 5 HEIGHAM CLOSE of £115,000 on 12th October 2012. For the value to have increased from £115,000 to £198,067 over the fourteen years and six months to April 2026, the following assumptions must hold true:

• The value of 5 HEIGHAM CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The October 2012 sale price of £115,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HEIGHAM CLOSE has not materially changed since October 2012.

How Large is 5 HEIGHAM CLOSE?

5 HEIGHAM CLOSE is 70m² according to the EPC inspection conducted in June 2012. 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 5 HEIGHAM CLOSE lies on this distribution: 11% of detached houses are smaller than 5 HEIGHAM CLOSE, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

5 HEIGHAM CLOSE: Plot

5 HEIGHAM CLOSE sits on a plot of roughly 0.094 of an acre, or 381m².

Where is 5 HEIGHAM CLOSE?

5 HEIGHAM CLOSE is located in DERBY, in the DE24 postcode district.