7, MEDINA CLOSE, ALVASTON, DERBY, DE24 0UD - £220,000

7 MEDINA CLOSE is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £220,000 in May 2023, which was around 29% below the average May 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

7 MEDINA CLOSE Sold Prices

Land registry data shows three sales for 7 MEDINA 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 City of Derby local authority area for the corresponding sale date. All of the three 7 MEDINA 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
2023 15 MAY	£220,000	£310,708	29% below HPI
2002 1 FEB	£83,000	£100,332	17% below HPI
1997 31 OCT	£57,000	£68,440	17% below HPI

7 MEDINA 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 three 7 MEDINA CLOSE sales between October 1997 and May 2023 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 February 2002 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2023 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 7 MEDINA CLOSE?

7 MEDINA CLOSE is 72m² according to the EPC inspection conducted in April 2017. 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 MEDINA CLOSE lies on this distribution: 13% of detached houses are smaller than 7 MEDINA CLOSE, and 87% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 MEDINA CLOSE: Plot and Title Map

7 MEDINA CLOSE sits on a plot of roughly 0.105 of an acre, or 424m². The below map shows the location of 7 MEDINA 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 MEDINA 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 MEDINA CLOSE?

7 MEDINA CLOSE is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 7 on MEDINA CLOSE.