15, MONARCH DRIVE, OAKWOOD, DERBY, DE21 2XW - £303,000

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

15 MONARCH DRIVE is a very large detached house of 152m², built sometime between 1991 and 1995. It was last sold for £303,000 in March 2020, which was around 25% above the average March 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

15 MONARCH DRIVE Sold Prices

Land registry data shows three sales for 15 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. All of the three 15 MONARCH DRIVE sales were 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
2020 3 MAR	£303,000	£242,836	25% above HPI
1998 11 SEP	£109,000	£72,138	51% above HPI
1996 31 MAY	£101,995	£62,867	62% above HPI

15 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 15 MONARCH DRIVE sales between May 1996 and March 2020 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 September 1998 sale was for 51% above the HPI. So the extrapolation line tracks at 51% above the HPI over time, until the March 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 15 MONARCH DRIVE?

15 MONARCH DRIVE is 152m² according to the EPC inspection conducted in September 2011. This puts it in the largest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 15 MONARCH DRIVE lies on this distribution: 85% of detached houses are smaller than 15 MONARCH DRIVE, and 15% of houses are larger. Note that EPC data is not available for all properties in Derby.

15 MONARCH DRIVE: Plot and Title Map

15 MONARCH DRIVE sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 15 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 15 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 15 MONARCH DRIVE?

15 MONARCH DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 15 on MONARCH DRIVE.