7, REDSTART CLOSE, SPONDON, DERBY, DE21 7TH - £107,000

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 REDSTART CLOSE is a very small terraced house of 57m², built sometime between 1991 and 1995, which could now be worth an estimated £193,162. It was last sold for £107,000 in September 2004, which was around 18% above the average September 2004 terraced price in the City of Derby local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

7 REDSTART CLOSE Sold Prices

Land registry data shows three sales for 7 REDSTART CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the City of Derby local authority area for the corresponding sale date. All of the three 7 REDSTART 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
2004 24 SEP	£107,000	£90,898	18% above HPI
2001 29 NOV	£54,000	£43,082	25% above HPI
1997 28 NOV	£37,500	£30,998	21% above HPI

7 REDSTART 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 three 7 REDSTART CLOSE sales between November 1997 and September 2004 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 November 2001 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the September 2004 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 7 REDSTART CLOSE be worth now?

7 REDSTART CLOSE might now be worth an estimated £193,162.

This is based on house price inflation of 80.5%, between September 2004 and April 2026, 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 80.5% inflationary increase is applied to the most recent sale price for 7 REDSTART CLOSE of £107,000 on 24th September 2004. For the value to have increased from £107,000 to £193,162 over the 22 years and five months to April 2026, the following assumptions must hold true:

• The value of 7 REDSTART CLOSE has moved in line with the HPI for terraced houses in the City of Derby local authority area.
• The September 2004 sale price of £107,000 represented a fair market value for the property.
• The size, condition, and specification of 7 REDSTART CLOSE has not materially changed since September 2004.

How Large is 7 REDSTART CLOSE?

7 REDSTART CLOSE is 57m² according to the EPC inspection conducted in August 2022. 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 REDSTART CLOSE lies on this distribution: 4% of terraced houses houses are smaller than 7 REDSTART CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 REDSTART CLOSE: Plot and Title Map

7 REDSTART CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 7 REDSTART 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 REDSTART 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 REDSTART CLOSE?

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