2, MURRAY ROAD, MICKLEOVER, DERBY, DE3 9LE - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 MURRAY ROAD is a small detached house of 86m², built sometime between 1950 and 1966. It was last sold for £220,000 in March 2016, which was around 2% above the average March 2016 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was C.

2 MURRAY ROAD Sold Prices

Land registry data shows two sales for 2 MURRAY ROAD 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 2 MURRAY ROAD 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
2016 18 MAR	£220,000	£215,166	2% above HPI
2011 14 JAN	£184,950	£182,700	1% above HPI

2 MURRAY ROAD 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 2 MURRAY ROAD sales from January 2011 and March 2016 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 January 2011 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the March 2016 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 2 MURRAY ROAD?

2 MURRAY ROAD is 86m² according to the EPC inspection conducted in August 2015. This puts it in the smallest 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 2 MURRAY ROAD lies on this distribution: 27% of detached houses are smaller than 2 MURRAY ROAD, and 72% of houses are larger. Note that EPC data is not available for all properties in Derby.

2 MURRAY ROAD: Plot and Title Map

2 MURRAY ROAD sits on a plot of roughly 0.113 of an acre, or 458m². The below map shows the location of 2 MURRAY ROAD, 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 2 MURRAY ROAD). 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 2 MURRAY ROAD?

2 MURRAY ROAD is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 2 on MURRAY ROAD.