7, CORNMILL CLOSE, ELVASTON, DERBY, DE72 3UA - £181,000

7 CORNMILL CLOSE is a midsized detached house of 115m², built sometime between 1996 and 2002. It was last sold for £181,000 in May 2013, which was around 11% below the average May 2013 detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was C.

7 CORNMILL CLOSE Sold Prices

Land registry data shows three sales for 7 CORNMILL CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Two of the three 7 CORNMILL CLOSE sales were for below the average price, whilst one was 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 17 MAY	£181,000	£204,006	11% below HPI
2009 17 JUL	£164,950	£189,196	13% below HPI
1998 17 DEC	£104,950	£79,290	32% above HPI

7 CORNMILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 7 CORNMILL CLOSE sales between December 1998 and May 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 2009 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2013 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 7 CORNMILL CLOSE?

7 CORNMILL CLOSE is 115m² according to the EPC inspection conducted in October 2012. This puts it in the largest 50% 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 CORNMILL CLOSE lies on this distribution: 59% of detached houses are smaller than 7 CORNMILL CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 CORNMILL CLOSE: Plot and Title Map

7 CORNMILL CLOSE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 7 CORNMILL 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 CORNMILL 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 CORNMILL CLOSE?

7 CORNMILL CLOSE is located in ELVASTON, in the DE72 postcode district. The below map shows the position of No. 7 on CORNMILL CLOSE.