8, LODGE CLOSE, ETWALL, DERBY, DE65 6NA - £275,000

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 LODGE CLOSE is a large detached house of 132m², built sometime between 1976 and 1982, which could now be worth an estimated £435,313. It was last sold for £275,000 in May 2007, which was around 20% above the average May 2007 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2019, where the current energy rating was C, and the potential energy rating was B.

8 LODGE CLOSE Sold Prices

Land registry data shows four sales for 8 LODGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Most of the four 8 LODGE 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
2007 25 MAY	£275,000	£229,899	20% above HPI
2003 24 SEP	£195,000	£173,484	12% above HPI
2001 22 JUN	£41,000	£108,150	62% below HPI
1996 16 FEB	£78,000	£68,118	15% above HPI

8 LODGE CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The four 8 LODGE CLOSE sales between February 1996 and May 2007 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 2003 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2007 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 8 LODGE CLOSE be worth now?

8 LODGE CLOSE might now be worth an estimated £435,313.

This is based on house price inflation of 58.3%, between May 2007 and April 2026, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.3% inflationary increase is applied to the most recent sale price for 8 LODGE CLOSE of £275,000 on 25th May 2007. For the value to have increased from £275,000 to £435,313 over the nineteen years and one month to April 2026, the following assumptions must hold true:

• The value of 8 LODGE CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The May 2007 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LODGE CLOSE has not materially changed since May 2007.

How Large is 8 LODGE CLOSE?

8 LODGE CLOSE is 132m² according to the EPC inspection conducted in August 2019. This puts it in the largest 40% of detached houses houses in Etwall, based on EPC data. The below chart shows the distribution of detached houses houses by size in Etwall, and where 8 LODGE CLOSE lies on this distribution: 64% of detached houses houses are smaller than 8 LODGE CLOSE, and 36% of houses are larger. Note that EPC data is not available for all properties in Etwall.

8 LODGE CLOSE: Plot and Title Map

8 LODGE CLOSE sits on a plot of roughly 0.068 of an acre, or 276m². The below map shows the location of 8 LODGE 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 LODGE 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 LODGE CLOSE?

8 LODGE CLOSE is located in ETWALL, in the DE65 postcode district. The below map shows the position of No. 8 on LODGE CLOSE.