7, SEVERNVALE CLOSE, ALLESTREE, DERBY, DE22 2UD - £175,000

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 SEVERNVALE CLOSE is a small semi-detached house of 94m², built sometime between 1967 and 1975, which could now be worth an estimated £304,980. It was last sold for £175,000 in December 2009, which was around 46% above the average December 2009 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was July 2009, where the current energy rating was D, and the potential energy rating was D.

7 SEVERNVALE CLOSE Sold Prices

Land registry data shows three sales for 7 SEVERNVALE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the three 7 SEVERNVALE 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
2009 11 DEC	£175,000	£119,704	46% above HPI
1998 27 NOV	£65,000	£41,559	56% above HPI
1995 24 AUG	£47,000	£38,104	23% above HPI

7 SEVERNVALE CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 7 SEVERNVALE CLOSE sales between August 1995 and December 2009 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 1998 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the December 2009 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

What might 7 SEVERNVALE CLOSE be worth now?

7 SEVERNVALE CLOSE might now be worth an estimated £304,980.

This is based on house price inflation of 74.3%, between December 2009 and May 2026, for semi-detached 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 74.3% inflationary increase is applied to the most recent sale price for 7 SEVERNVALE CLOSE of £175,000 on 11th December 2009. For the value to have increased from £175,000 to £304,980 over the seventeen years and seven months to May 2026, the following assumptions must hold true:

• The value of 7 SEVERNVALE CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The December 2009 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 7 SEVERNVALE CLOSE has not materially changed since December 2009.

How Large is 7 SEVERNVALE CLOSE?

7 SEVERNVALE CLOSE is 94m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 40% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 7 SEVERNVALE CLOSE lies on this distribution: 38% of semi-detached houses houses are smaller than 7 SEVERNVALE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 SEVERNVALE CLOSE: Plot and Title Map

7 SEVERNVALE CLOSE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 7 SEVERNVALE 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 SEVERNVALE 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 SEVERNVALE CLOSE?

7 SEVERNVALE CLOSE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 7 on SEVERNVALE CLOSE.