5, LOCHINVAR CLOSE, SPONDON, DERBY, DE21 7QS - £141,000

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 LOCHINVAR CLOSE is a very small extended semi-detached house of 79m², built sometime between 1967 and 1975, which could now be worth an estimated £241,131. It was last sold for £141,000 in September 2013, which was around 15% above the average September 2013 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

5 LOCHINVAR CLOSE Sold Prices

Land registry data shows three sales for 5 LOCHINVAR 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. All of the three 5 LOCHINVAR CLOSE sales were for above 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
2013 19 SEP	£141,000	£122,132	15% above HPI
2008 11 JUL	£156,000	£129,404	21% above HPI
2004 23 APR	£133,500	£102,621	30% above HPI

5 LOCHINVAR 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 5 LOCHINVAR CLOSE sales between April 2004 and September 2013 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 July 2008 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the September 2013 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 5 LOCHINVAR CLOSE be worth now?

5 LOCHINVAR CLOSE might now be worth an estimated £241,131.

This is based on house price inflation of 71%, between September 2013 and February 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 71% inflationary increase is applied to the most recent sale price for 5 LOCHINVAR CLOSE of £141,000 on 19th September 2013. For the value to have increased from £141,000 to £241,131 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 LOCHINVAR CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The September 2013 sale price of £141,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LOCHINVAR CLOSE has not materially changed since September 2013.

How Large is 5 LOCHINVAR CLOSE?

5 LOCHINVAR CLOSE is 79m², which includes one extension, according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% 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 5 LOCHINVAR CLOSE lies on this distribution: 19% of semi-detached houses houses are smaller than 5 LOCHINVAR CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 LOCHINVAR CLOSE: Plot and Title Map

5 LOCHINVAR CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 5 LOCHINVAR 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 5 LOCHINVAR 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 5 LOCHINVAR CLOSE?

5 LOCHINVAR CLOSE is located in SPONDON, in the DE21 postcode district. The below map shows the position of No. 5 on LOCHINVAR CLOSE.