2, SYDNEY CLOSE, MICKLEOVER, DERBY, DE3 9LY - £124,500

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.

2 SYDNEY CLOSE is a very large extended detached house of 162m², built sometime between 1950 and 1966, which could now be worth an estimated £567,322. It was last sold for £124,500 in July 1998, which was around 81% above the average July 1998 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2015, where the current energy rating was E, and the potential energy rating was C.

2 SYDNEY CLOSE Sold Prices

Land registry data shows one sale for 2 SYDNEY 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
1998 30 JUL	£124,500	£68,947	81% above HPI

What might 2 SYDNEY CLOSE be worth now?

2 SYDNEY CLOSE might now be worth an estimated £567,322.

This is based on house price inflation of 355.7%, between July 1998 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 355.7% inflationary increase is applied to the most recent sale price for 2 SYDNEY CLOSE of £124,500 on 30th July 1998. For the value to have increased from £124,500 to £567,322 over the 28 years and two months to May 2026, the following assumptions must hold true:

• The value of 2 SYDNEY CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The July 1998 sale price of £124,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SYDNEY CLOSE has not materially changed since July 1998.

How Large is 2 SYDNEY CLOSE?

2 SYDNEY CLOSE is 162m², which includes three extensions, according to the EPC inspection conducted in November 2015. This puts it in the largest 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 2 SYDNEY CLOSE lies on this distribution: 88% of detached houses are smaller than 2 SYDNEY CLOSE, and 12% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

2 SYDNEY CLOSE: Plot

2 SYDNEY CLOSE sits on a plot of roughly 0.117 of an acre, or 474m².

Where is 2 SYDNEY CLOSE?

2 SYDNEY CLOSE is located in MICKLEOVER, in the DE3 postcode district.