15, MADISON AVENUE, CHADDESDEN, DERBY, DE21 6HZ - £200,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 MADISON AVENUE is a very small extended detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £210,331. It was last sold for £200,000 in March 2024, which was around 35% below the average March 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2023, where the current energy rating was E, and the potential energy rating was D.

15 MADISON AVENUE Sold Prices

Land registry data shows two sales for 15 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 15 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
2024 18 MAR	£200,000	£306,824	35% below HPI
2009 3 NOV	£126,000	£186,614	32% below HPI

15 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 15 MADISON AVENUE sales from November 2009 and March 2024 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 2009 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the March 2024 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 15 MADISON AVENUE be worth now?

15 MADISON AVENUE might now be worth an estimated £210,331.

This is based on house price inflation of 5.2%, between March 2024 and December 2024, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% inflationary increase is applied to the most recent sale price for 15 MADISON AVENUE of £200,000 on 18th March 2024. For the value to have increased from £200,000 to £210,331 over the three months to December 2024, the following assumptions must hold true:

• The value of 15 MADISON AVENUE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The March 2024 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 15 MADISON AVENUE has not materially changed since March 2024.

How Large is 15 MADISON AVENUE?

15 MADISON AVENUE is 72m², which includes one extension, according to the EPC inspection conducted in November 2023. This puts it in the smallest 20% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 15 MADISON AVENUE lies on this distribution: 13% of detached houses houses are smaller than 15 MADISON AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Derby.

15 MADISON AVENUE: Plot and Title Map

15 MADISON AVENUE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 15 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 15 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 15 MADISON AVENUE?

15 MADISON AVENUE is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 15 on MADISON AVENUE.