8, BELVEDERE CLOSE, MICKLEOVER, DERBY, DE3 0RW - £185,000

8 BELVEDERE CLOSE is a very small detached house of 53m², built sometime between 1976 and 1982. It was last sold for £185,000 in September 2019, which was around 25% below the average September 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was B.

8 BELVEDERE CLOSE Sold Prices

Land registry data shows three sales for 8 BELVEDERE 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 8 BELVEDERE 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
2019 30 SEP	£185,000	£245,170	25% below HPI
2015 18 DEC	£169,995	£215,642	21% below HPI
2015 17 DEC	£165,000	£215,642	23% below HPI

8 BELVEDERE 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 8 BELVEDERE CLOSE sales between December 2015 and September 2019 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 December 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the September 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 8 BELVEDERE CLOSE?

8 BELVEDERE CLOSE is 53m² according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 8 BELVEDERE CLOSE lies on this distribution: 2% of detached houses are smaller than 8 BELVEDERE CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 BELVEDERE CLOSE: Plot and Title Map

8 BELVEDERE CLOSE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 8 BELVEDERE 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 8 BELVEDERE 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 8 BELVEDERE CLOSE?

8 BELVEDERE CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 8 on BELVEDERE CLOSE.