12, OAK DRIVE, MICKLEOVER, DERBY, DE3 9JB - £170,000

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 OAK DRIVE is a very small detached house of 55m², built sometime between 1950 and 1966. It was last sold for £170,000 in December 2013, which was around 12% below the average December 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

12 OAK DRIVE Sold Prices

Land registry data shows two sales for 12 OAK DRIVE 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 12 OAK DRIVE 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
2013 11 DEC	£170,000	£192,675	12% below HPI
2006 27 NOV	£155,000	£199,895	22% below HPI

12 OAK 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 two 12 OAK DRIVE sales from November 2006 and December 2013 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 November 2006 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2013 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 12 OAK DRIVE?

12 OAK DRIVE is 55m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 10% 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 OAK DRIVE lies on this distribution: 3% of detached houses are smaller than 12 OAK DRIVE, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

12 OAK DRIVE: Plot and Title Map

12 OAK DRIVE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 12 OAK 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 OAK 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 OAK DRIVE?

12 OAK DRIVE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 12 on OAK DRIVE.