12, MONARCH DRIVE, OAKWOOD, DERBY, DE21 2XW - £225,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 MONARCH DRIVE is a midsized detached house of 109m², built sometime between 1991 and 1995. It was last sold for £225,000 in August 2017, which was around 2% below the average August 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2015, where the current energy rating was E, and the potential energy rating was B.

12 MONARCH DRIVE Sold Prices

Land registry data shows three sales for 12 MONARCH DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Two of the three 12 MONARCH DRIVE sales were for below the average price, whilst one was for above 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
2017 4 AUG	£225,000	£228,974	2% below HPI
2008 31 JUL	£165,000	£201,566	18% below HPI
1995 26 MAY	£77,950	£63,106	24% above HPI

12 MONARCH DRIVE 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 three 12 MONARCH DRIVE sales between May 1995 and August 2017 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 July 2008 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the August 2017 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 12 MONARCH DRIVE?

12 MONARCH DRIVE is 109m² according to the EPC inspection conducted in September 2015. This puts it in the largest 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 12 MONARCH DRIVE lies on this distribution: 51% of detached houses are smaller than 12 MONARCH DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 MONARCH DRIVE: Plot and Title Map

12 MONARCH DRIVE sits on a plot of roughly 0.054 of an acre, or 218m². The below map shows the location of 12 MONARCH DRIVE, 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 12 MONARCH DRIVE). 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 12 MONARCH DRIVE?

12 MONARCH DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 12 on MONARCH DRIVE.