9, TARRAGON CLOSE, MICKLEOVER, DERBY, DE3 0GL - £280,000

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.

9 TARRAGON CLOSE is a small semi-detached house of 90m², built in 2018, which could now be worth an estimated £308,656. It was last sold for £280,000 in May 2022, which was around 48% above the average May 2022 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was October 2019, where the current energy rating was B, and the potential energy rating was A.

9 TARRAGON CLOSE Sold Prices

Land registry data shows two sales for 9 TARRAGON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 9 TARRAGON 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
2022 5 MAY	£280,000	£189,245	48% above HPI
2019 27 NOV	£257,500	£156,096	65% above HPI

9 TARRAGON CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 9 TARRAGON CLOSE sales from November 2019 and May 2022 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 November 2019 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the May 2022 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 9 TARRAGON CLOSE be worth now?

9 TARRAGON CLOSE might now be worth an estimated £308,656.

This is based on house price inflation of 10.2%, between May 2022 and May 2026, for semi-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 10.2% inflationary increase is applied to the most recent sale price for 9 TARRAGON CLOSE of £280,000 on 5th May 2022. For the value to have increased from £280,000 to £308,656 over the four years to May 2026, the following assumptions must hold true:

• The value of 9 TARRAGON CLOSE has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The May 2022 sale price of £280,000 represented a fair market value for the property.
• The size, condition, and specification of 9 TARRAGON CLOSE has not materially changed since May 2022.

How Large is 9 TARRAGON CLOSE?

9 TARRAGON CLOSE is 90m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 40% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 9 TARRAGON CLOSE lies on this distribution: 32% of semi-detached houses houses are smaller than 9 TARRAGON CLOSE, and 67% of houses are larger. Note that EPC data is not available for all properties in Derby.

9 TARRAGON CLOSE: Plot and Title Map

9 TARRAGON CLOSE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 9 TARRAGON 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 9 TARRAGON 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 9 TARRAGON CLOSE?

9 TARRAGON CLOSE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 9 on TARRAGON CLOSE.