7, CRANHILL CLOSE, LITTLEOVER, DERBY, DE23 3XU - £165,000

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.

7 CRANHILL CLOSE is a very small terraced house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £191,782. It was last sold for £165,000 in July 2021, which was around 16% above the average July 2021 terraced price in the City of Derby local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was B.

7 CRANHILL CLOSE Sold Prices

Land registry data shows four sales for 7 CRANHILL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. All of the four 7 CRANHILL 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
2021 19 JUL	£165,000	£141,652	16% above HPI
2019 18 OCT	£141,000	£123,247	14% above HPI
2005 5 AUG	£115,500	£97,074	19% above HPI
1997 23 SEP	£41,598	£31,304	33% above HPI

7 CRANHILL CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the City of Derby local authority area over time, sourced from the HPI. The four 7 CRANHILL CLOSE sales between September 1997 and July 2021 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 October 2019 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2021 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 7 CRANHILL CLOSE be worth now?

7 CRANHILL CLOSE might now be worth an estimated £191,782.

This is based on house price inflation of 16.2%, between July 2021 and June 2025, for terraced 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 16.2% inflationary increase is applied to the most recent sale price for 7 CRANHILL CLOSE of £165,000 on 19th July 2021. For the value to have increased from £165,000 to £191,782 over the four years and one month to June 2025, the following assumptions must hold true:

• The value of 7 CRANHILL CLOSE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The July 2021 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CRANHILL CLOSE has not materially changed since July 2021.

How Large is 7 CRANHILL CLOSE?

7 CRANHILL CLOSE is 55m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 10% of terraced houses houses in Derby, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Derby, and where 7 CRANHILL CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 7 CRANHILL CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 CRANHILL CLOSE: Plot and Title Map

7 CRANHILL CLOSE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 7 CRANHILL 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 CRANHILL 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 CRANHILL CLOSE?

7 CRANHILL CLOSE is located in LITTLEOVER, in the DE23 postcode district. The below map shows the position of No. 7 on CRANHILL CLOSE.