8, STEEPLE CLOSE, OAKWOOD, DERBY, DE21 2DE - £230,000

8 STEEPLE CLOSE is a very small detached house of 74m², built sometime between 1967 and 1975. It was last sold for £230,000 in July 2021, which was around 17% below the average July 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2021, where the current energy rating was D, and the potential energy rating was C.

8 STEEPLE CLOSE Sold Prices

Land registry data shows two sales for 8 STEEPLE 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 STEEPLE 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
2021 30 JUL	£230,000	£276,925	17% below HPI
1998 11 DEC	£57,000	£70,494	19% below HPI

8 STEEPLE 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 STEEPLE CLOSE sales from December 1998 and July 2021 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 1998 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 8 STEEPLE CLOSE?

8 STEEPLE CLOSE is 74m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 20% 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 STEEPLE CLOSE lies on this distribution: 14% of detached houses are smaller than 8 STEEPLE CLOSE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.

8 STEEPLE CLOSE: Plot and Title Map

8 STEEPLE CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 8 STEEPLE 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 STEEPLE 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 STEEPLE CLOSE?

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