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

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.

12 MONARCH WAY is a midsized extended detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £251,499. It was last sold for £135,000 in August 2012, which was around 26% 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	£182,442	26% below HPI
2000 31 MAR	£69,250	£77,553	11% 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 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2012 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 12 MONARCH WAY be worth now?

12 MONARCH WAY might now be worth an estimated £251,499.

This is based on house price inflation of 86.3%, between August 2012 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 86.3% inflationary increase is applied to the most recent sale price for 12 MONARCH WAY of £135,000 on 10th August 2012. For the value to have increased from £135,000 to £251,499 over the thirteen years and six months to February 2025, the following assumptions must hold true:

• The value of 12 MONARCH WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The August 2012 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MONARCH WAY has not materially changed since August 2012.

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 houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heanor, and where 12 MONARCH WAY lies on this distribution: 53% of detached houses 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.