8, CALVER CLOSE, OAKWOOD, DERBY, DE21 2BT - £227,000

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.

8 CALVER CLOSE is a very small extended detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £274,008. It was last sold for £227,000 in December 2020, which was around 14% below the average December 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

8 CALVER CLOSE Sold Prices

Land registry data shows six sales for 8 CALVER CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the six 8 CALVER 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
2020 17 DEC	£227,000	£263,203	14% below HPI
2018 29 JAN	£180,000	£234,443	23% below HPI
2002 20 NOV	£119,500	£127,516	6% below HPI
2001 4 SEP	£84,000	£97,295	14% below HPI
2000 10 JAN	£72,000	£76,686	6% below HPI
1997 1 AUG	£55,250	£67,588	18% below HPI

8 CALVER 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 six 8 CALVER CLOSE sales between August 1997 and December 2020 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 January 2018 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the December 2020 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 8 CALVER CLOSE be worth now?

8 CALVER CLOSE might now be worth an estimated £274,008.

This is based on house price inflation of 20.7%, between December 2020 and February 2025, for 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 20.7% inflationary increase is applied to the most recent sale price for 8 CALVER CLOSE of £227,000 on 17th December 2020. For the value to have increased from £227,000 to £274,008 over the five years and ten months to February 2025, the following assumptions must hold true:

• The value of 8 CALVER CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2020 sale price of £227,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CALVER CLOSE has not materially changed since December 2020.

How Large is 8 CALVER CLOSE?

8 CALVER CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the smallest 20% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 8 CALVER CLOSE lies on this distribution: 14% of detached houses houses are smaller than 8 CALVER CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 CALVER CLOSE: Plot and Title Map

8 CALVER CLOSE sits on a plot of roughly 0.048 of an acre, or 194m². The below map shows the location of 8 CALVER 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 CALVER 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 CALVER CLOSE?

8 CALVER CLOSE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 8 on CALVER CLOSE.