15, MONARCH WAY, HEANOR, DE75 7SZ - £251,000

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 WAY is a small detached house of 81m², built sometime between 1996 and 2002. It was last sold for £251,000 in May 2024, which was around 24% below the average May 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was C, and the potential energy rating was B.

15 MONARCH WAY Sold Prices

Land registry data shows four sales for 15 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 15 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
2024 23 MAY	£251,000	£328,256	24% below HPI
2017 21 AUG	£178,000	£234,115	24% below HPI
2003 14 AUG	£125,000	£148,884	16% below HPI
1999 7 MAY	£66,500	£72,666	8% below HPI

15 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 four 15 MONARCH WAY sales between May 1999 and May 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 August 2017 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the May 2024 sale, which was also at 24% below the HPI.

How Large is 15 MONARCH WAY?

15 MONARCH WAY is 81m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 30% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 15 MONARCH WAY lies on this distribution: 24% of detached houses are smaller than 15 MONARCH WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in Heanor.

15 MONARCH WAY: Plot and Title Map

15 MONARCH WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 15 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 15 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 15 MONARCH WAY?

15 MONARCH WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 15 on MONARCH WAY.