3, WHEATLAND CLOSE, STENSON FIELDS, DERBY, DE24 3BY - £215,000

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 WHEATLAND CLOSE is a midsized extended detached house of 99m², built sometime between 1976 and 1982, which could now be worth an estimated £285,379. It was last sold for £215,000 in April 2019, which was around 22% below the average April 2019 detached price in the South Derbyshire local authority area. The most recent EPC inspection was November 2018, where the current energy rating was C, and the potential energy rating was B.

3 WHEATLAND CLOSE Sold Prices

Land registry data shows one sale for 3 WHEATLAND 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 South Derbyshire 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
2019 18 APR	£215,000	£276,325	22% below HPI

What might 3 WHEATLAND CLOSE be worth now?

3 WHEATLAND CLOSE might now be worth an estimated £285,379.

This is based on house price inflation of 32.7%, between April 2019 and May 2026, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.7% inflationary increase is applied to the most recent sale price for 3 WHEATLAND CLOSE of £215,000 on 18th April 2019. For the value to have increased from £215,000 to £285,379 over the six years and eleven months to May 2026, the following assumptions must hold true:

• The value of 3 WHEATLAND CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The April 2019 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 3 WHEATLAND CLOSE has not materially changed since April 2019.

How Large is 3 WHEATLAND CLOSE?

3 WHEATLAND CLOSE is 99m², which includes one extension, according to the EPC inspection conducted in November 2018. This puts it in the smallest 50% 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 WHEATLAND CLOSE lies on this distribution: 41% of detached houses are smaller than 3 WHEATLAND CLOSE, and 58% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

3 WHEATLAND CLOSE: Plot

3 WHEATLAND CLOSE sits on a plot of roughly 0.062 of an acre, or 251m².

Where is 3 WHEATLAND CLOSE?

3 WHEATLAND CLOSE is located in STENSON FIELDS, in the DE24 postcode district.