18, MONARCH DRIVE, OAKWOOD, DERBY, DE21 2XW - £241,000

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

18 MONARCH DRIVE is a large extended detached house of 127m², built sometime between 1991 and 1995. It was last sold for £241,000 in July 2007, which was around 15% above the average July 2007 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2015, where the current energy rating was D, and the potential energy rating was B.

18 MONARCH DRIVE Sold Prices

Land registry data shows two sales for 18 MONARCH 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 18 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
2007 6 JUL	£241,000	£209,114	15% above HPI
1997 30 MAY	£106,495	£64,684	65% above HPI

18 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 two 18 MONARCH DRIVE sales from May 1997 and July 2007 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 May 1997 sale was for 65% above the HPI. So the extrapolation line tracks at 65% above the HPI over time, until the July 2007 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

How Large is 18 MONARCH DRIVE?

18 MONARCH DRIVE is 127m², which includes two extensions, according to the EPC inspection conducted in October 2015. This puts it in the largest 30% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 18 MONARCH DRIVE lies on this distribution: 70% of detached houses are smaller than 18 MONARCH DRIVE, and 29% of houses are larger. Note that EPC data is not available for all properties in Derby.

18 MONARCH DRIVE: Plot and Title Map

18 MONARCH DRIVE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 18 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 18 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 18 MONARCH DRIVE?

18 MONARCH DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 18 on MONARCH DRIVE.