8, BROOM CLOSE, CHELLASTON, DERBY, DE73 5SN - £235,000

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.

8 BROOM CLOSE is a very small detached house of 69m², built sometime between 1950 and 1966, which could now be worth an estimated £303,695. It was last sold for £235,000 in August 2018, which was around 3% below the average August 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was March 2018, where the current energy rating was C, and the potential energy rating was B.

8 BROOM CLOSE Sold Prices

Land registry data shows one sale for 8 BROOM 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
2018 13 AUG	£235,000	£243,112	3% below HPI

What might 8 BROOM CLOSE be worth now?

8 BROOM CLOSE might now be worth an estimated £303,695.

This is based on house price inflation of 29.2%, between August 2018 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 29.2% inflationary increase is applied to the most recent sale price for 8 BROOM CLOSE of £235,000 on 13th August 2018. For the value to have increased from £235,000 to £303,695 over the eight years and three months to May 2026, the following assumptions must hold true:

• The value of 8 BROOM CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2018 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BROOM CLOSE has not materially changed since August 2018.

How Large is 8 BROOM CLOSE?

8 BROOM CLOSE is 69m² according to the EPC inspection conducted in March 2018. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 8 BROOM CLOSE lies on this distribution: 10% of detached houses are smaller than 8 BROOM CLOSE, and 89% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

8 BROOM CLOSE: Plot

8 BROOM CLOSE sits on a plot of roughly 0.157 of an acre, or 636m².

Where is 8 BROOM CLOSE?

8 BROOM CLOSE is located in CHELLASTON, in the DE73 postcode district.