3, OCTAVIA CLOSE, CHELLASTON, DERBY, DE73 5AU - £231,000

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.

3 OCTAVIA CLOSE is a large extended detached house of 120m², built sometime between 2007 and 2011, which could now be worth an estimated £384,645. It was last sold for £231,000 in December 2005, which was around 22% above the average December 2005 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

3 OCTAVIA CLOSE Sold Prices

Land registry data shows one sale for 3 OCTAVIA 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
2005 13 DEC	£231,000	£188,681	22% above HPI

What might 3 OCTAVIA CLOSE be worth now?

3 OCTAVIA CLOSE might now be worth an estimated £384,645.

This is based on house price inflation of 66.5%, between December 2005 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 66.5% inflationary increase is applied to the most recent sale price for 3 OCTAVIA CLOSE of £231,000 on 13th December 2005. For the value to have increased from £231,000 to £384,645 over the 21 years and seven months to May 2026, the following assumptions must hold true:

• The value of 3 OCTAVIA CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2005 sale price of £231,000 represented a fair market value for the property.
• The size, condition, and specification of 3 OCTAVIA CLOSE has not materially changed since December 2005.

How Large is 3 OCTAVIA CLOSE?

3 OCTAVIA CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in August 2023. 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 3 OCTAVIA CLOSE lies on this distribution: 64% of detached houses are smaller than 3 OCTAVIA CLOSE, and 35% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

3 OCTAVIA CLOSE: Plot

3 OCTAVIA CLOSE sits on a plot of roughly 0.061 of an acre, or 248m².

Where is 3 OCTAVIA CLOSE?

3 OCTAVIA CLOSE is located in CHELLASTON, in the DE73 postcode district.