8, GAINSBOROUGH CLOSE, OAKWOOD, DERBY, DE21 2HJ - £275,000

8 GAINSBOROUGH CLOSE is a small detached house of 81m², built sometime between 1983 and 1990. It was last sold for £275,000 in February 2023, which was around 12% below the average February 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.

8 GAINSBOROUGH CLOSE Sold Prices

Land registry data shows two sales for 8 GAINSBOROUGH CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 8 GAINSBOROUGH 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 2 FEB	£275,000	£311,415	12% below HPI
2021 22 SEP	£260,000	£279,485	7% below HPI

8 GAINSBOROUGH 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 two 8 GAINSBOROUGH CLOSE sales from September 2021 and February 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 September 2021 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 8 GAINSBOROUGH CLOSE?

8 GAINSBOROUGH CLOSE is 81m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 30% 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 GAINSBOROUGH CLOSE lies on this distribution: 21% of detached houses are smaller than 8 GAINSBOROUGH CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 GAINSBOROUGH CLOSE: Plot and Title Map

8 GAINSBOROUGH CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 8 GAINSBOROUGH 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 GAINSBOROUGH 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 GAINSBOROUGH CLOSE?

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