7, CHAPTER CLOSE, OAKWOOD, DERBY, DE21 2BG - £187,000

7 CHAPTER CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £187,000 in October 2019, which was around 24% below the average October 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was B.

7 CHAPTER CLOSE Sold Prices

Land registry data shows four sales for 7 CHAPTER CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 7 CHAPTER 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
2019 25 OCT	£187,000	£244,779	24% below HPI
2015 19 JUN	£173,000	£211,012	18% below HPI
2013 17 APR	£139,000	£190,499	27% below HPI
1995 15 SEP	£49,000	£61,714	21% below HPI

7 CHAPTER 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 four 7 CHAPTER CLOSE sales between September 1995 and October 2019 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 June 2015 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2019 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 7 CHAPTER CLOSE?

7 CHAPTER CLOSE is 70m² according to the EPC inspection conducted in December 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 7 CHAPTER CLOSE lies on this distribution: 11% of detached houses are smaller than 7 CHAPTER CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 CHAPTER CLOSE: Plot and Title Map

7 CHAPTER CLOSE sits on a plot of roughly 0.048 of an acre, or 193m². The below map shows the location of 7 CHAPTER 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 7 CHAPTER 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 7 CHAPTER CLOSE?

7 CHAPTER CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 7 on CHAPTER CLOSE.