16, RANGEMORE CLOSE, MICKLEOVER, DERBY, DE3 9JU - £237,500

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.

16 RANGEMORE CLOSE is a large extended detached house of 121m², built sometime between 1950 and 1966, which could now be worth an estimated £414,200. It was last sold for £237,500 in February 2011, which was around 32% above the average February 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2010, where the current energy rating was C, and the potential energy rating was C.

16 RANGEMORE CLOSE Sold Prices

Land registry data shows one sale for 16 RANGEMORE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the City of Derby local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 10 FEB	£237,500	£180,148	32% above HPI

What might 16 RANGEMORE CLOSE be worth now?

16 RANGEMORE CLOSE might now be worth an estimated £414,200.

This is based on house price inflation of 74.4%, between February 2011 and May 2026, 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 74.4% inflationary increase is applied to the most recent sale price for 16 RANGEMORE CLOSE of £237,500 on 10th February 2011. For the value to have increased from £237,500 to £414,200 over the fourteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 16 RANGEMORE CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2011 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 16 RANGEMORE CLOSE has not materially changed since February 2011.

How Large is 16 RANGEMORE CLOSE?

16 RANGEMORE CLOSE is 121m², which includes one extension, according to the EPC inspection conducted in October 2010. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 16 RANGEMORE CLOSE lies on this distribution: 65% of detached houses are smaller than 16 RANGEMORE CLOSE, and 34% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

16 RANGEMORE CLOSE: Plot

16 RANGEMORE CLOSE sits on a plot of roughly 0.079 of an acre, or 319m².

Where is 16 RANGEMORE CLOSE?

16 RANGEMORE CLOSE is located in MICKLEOVER, in the DE3 postcode district.