8, LAMBETH CLOSE, DERBY, DE22 4FE - £264,995

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 LAMBETH CLOSE is a large detached house of 133m², built in 2017, which could now be worth an estimated £365,034. It was last sold for £264,995 in February 2017, which was around 15% above the average February 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2017, where the current energy rating was B, and the potential energy rating was A.

8 LAMBETH CLOSE Sold Prices

Land registry data shows one sale for 8 LAMBETH 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
2017 17 FEB	£264,995	£230,095	15% above HPI

What might 8 LAMBETH CLOSE be worth now?

8 LAMBETH CLOSE might now be worth an estimated £365,034.

This is based on house price inflation of 37.8%, between February 2017 and July 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 37.8% inflationary increase is applied to the most recent sale price for 8 LAMBETH CLOSE of £264,995 on 17th February 2017. For the value to have increased from £264,995 to £365,034 over the eight years and seven months to July 2026, the following assumptions must hold true:

• The value of 8 LAMBETH CLOSE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2017 sale price of £264,995 represented a fair market value for the property.
• The size, condition, and specification of 8 LAMBETH CLOSE has not materially changed since February 2017.

How Large is 8 LAMBETH CLOSE?

8 LAMBETH CLOSE is 133m² according to the EPC inspection conducted in January 2017. This puts it in the largest 30% 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 LAMBETH CLOSE lies on this distribution: 76% of detached houses are smaller than 8 LAMBETH CLOSE, and 23% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

8 LAMBETH CLOSE: Plot

8 LAMBETH CLOSE sits on a plot of roughly 0.068 of an acre, or 275m².

Where is 8 LAMBETH CLOSE?

8 LAMBETH CLOSE is located in DERBY, in the DE22 postcode district.