11, MADISON AVENUE, CHADDESDEN, DERBY, DE21 6HZ - £245,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

11 MADISON AVENUE is a very small extended detached house of 74m², built sometime between 1930 and 1949. It was last sold for £245,000 in October 2023, which was around 20% below the average October 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2019, where the current energy rating was E, and the potential energy rating was B.

11 MADISON AVENUE Sold Prices

Land registry data shows two sales for 11 MADISON AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 11 MADISON AVENUE 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
2023 23 OCT	£245,000	£305,613	20% below HPI
2019 9 SEP	£160,000	£245,170	35% below HPI

11 MADISON AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the City of Derby local authority area over time, sourced from the HPI. The two 11 MADISON AVENUE sales from September 2019 and October 2023 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 September 2019 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2023 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 11 MADISON AVENUE?

11 MADISON AVENUE is 74m², which includes one extension, according to the EPC inspection conducted in February 2019. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 11 MADISON AVENUE lies on this distribution: 14% of detached houses are smaller than 11 MADISON AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Derby.

11 MADISON AVENUE: Plot and Title Map

11 MADISON AVENUE sits on a plot of roughly 0.136 of an acre, or 551m². The below map shows the location of 11 MADISON AVENUE, 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 11 MADISON AVENUE). 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 11 MADISON AVENUE?

11 MADISON AVENUE is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 11 on MADISON AVENUE.