12, MONARCH WAY, HEANOR, DE75 7SZ - £135,000

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

12 MONARCH WAY is a midsized extended detached house of 102m², built sometime between 1996 and 2002. It was last sold for £135,000 in August 2012, which was around 27% below the average August 2012 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

12 MONARCH WAY Sold Prices

Land registry data shows two sales for 12 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 12 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
2012 10 AUG	£135,000	£185,675	27% below HPI
2000 31 MAR	£69,250	£78,928	12% below HPI

12 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 two 12 MONARCH WAY sales from March 2000 and August 2012 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 March 2000 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2012 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 12 MONARCH WAY?

12 MONARCH WAY is 102m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the largest 50% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 12 MONARCH WAY lies on this distribution: 53% of detached houses are smaller than 12 MONARCH WAY, and 47% of houses are larger. Note that EPC data is not available for all properties in Heanor.

12 MONARCH WAY: Plot and Title Map

12 MONARCH WAY sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 12 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 12 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 12 MONARCH WAY?

12 MONARCH WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 12 on MONARCH WAY.