1A, OAK DRIVE, MICKLEOVER, DERBY, DE3 9JB - £245,000

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

1A OAK DRIVE is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £245,000 in June 2024, which was around 20% below the average June 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2017, where the current energy rating was F, and the potential energy rating was B.

1A OAK DRIVE Sold Prices

Land registry data shows three sales for 1A OAK 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 1A 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
2024 21 JUN	£245,000	£307,410	20% below HPI
2019 14 JUN	£161,000	£243,870	34% below HPI
2013 19 JUL	£143,000	£194,231	26% below HPI

1A 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 three 1A OAK DRIVE sales between July 2013 and June 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 June 2019 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2024 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 1A OAK DRIVE?

1A OAK DRIVE is 71m² according to the EPC inspection conducted in December 2017. This puts it in the smallest 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 1A OAK DRIVE lies on this distribution: 12% of detached houses are smaller than 1A OAK DRIVE, and 88% of houses are larger. Note that EPC data is not available for all properties in Derby.

1A OAK DRIVE: Plot and Title Map

1A OAK DRIVE sits on a plot of roughly 0.057 of an acre, or 232m². The below map shows the location of 1A 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 1A 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 1A OAK DRIVE?

1A OAK DRIVE is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 1A on OAK DRIVE.