10, MONARCH WAY, HEANOR, DE75 7SZ - £98,500

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.

10 MONARCH WAY is a very small extended detached house of 72m², built sometime between 1996 and 2002, which could now be worth an estimated £287,496. It was last sold for £98,500 in September 2002, which was around 15% below the average September 2002 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2020, where the current energy rating was D, and the potential energy rating was B.

10 MONARCH WAY Sold Prices

Land registry data shows three sales for 10 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 10 MONARCH WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2002 27 SEP	£98,500	£116,448	15% below HPI
2001 6 AUG	£75,000	£92,659	19% below HPI
2000 14 JAN	£60,950	£77,235	21% below HPI

10 MONARCH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 10 MONARCH WAY sales between January 2000 and September 2002 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2001 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2002 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 10 MONARCH WAY be worth now?

10 MONARCH WAY might now be worth an estimated £287,496.

This is based on house price inflation of 191.9%, between September 2002 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 191.9% inflationary increase is applied to the most recent sale price for 10 MONARCH WAY of £98,500 on 27th September 2002. For the value to have increased from £98,500 to £287,496 over the 23 years and seven months to February 2025, the following assumptions must hold true:

• The value of 10 MONARCH WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2002 sale price of £98,500 represented a fair market value for the property.
• The size, condition, and specification of 10 MONARCH WAY has not materially changed since September 2002.

How Large is 10 MONARCH WAY?

10 MONARCH WAY is 72m², which includes two extensions, according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heanor, and where 10 MONARCH WAY lies on this distribution: 14% of detached houses houses are smaller than 10 MONARCH WAY, and 85% of houses are larger. Note that EPC data is not available for all properties in Heanor.

10 MONARCH WAY: Plot and Title Map

10 MONARCH WAY sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 10 MONARCH WAY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 MONARCH WAY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 10 MONARCH WAY?

10 MONARCH WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 10 on MONARCH WAY.