22, MONARCH DRIVE, OAKWOOD, DERBY, DE21 2XW - £189,000

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

22 MONARCH DRIVE is a midsized detached house of 111m², built sometime between 1996 and 2002. It was last sold for £189,000 in January 2011, which was around 3% above the average January 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2009, where the current energy rating was D, and the potential energy rating was C.

22 MONARCH DRIVE Sold Prices

Land registry data shows two sales for 22 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 22 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
2011 7 JAN	£189,000	£182,700	3% above HPI
1996 20 DEC	£81,995	£63,480	29% above HPI

22 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 22 MONARCH DRIVE sales from December 1996 and January 2011 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 December 1996 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the January 2011 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 22 MONARCH DRIVE?

22 MONARCH DRIVE is 111m² according to the EPC inspection conducted in February 2009. This puts it in the largest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 22 MONARCH DRIVE lies on this distribution: 54% of detached houses are smaller than 22 MONARCH DRIVE, and 46% of houses are larger. Note that EPC data is not available for all properties in Derby.

22 MONARCH DRIVE: Plot and Title Map

22 MONARCH DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 22 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 22 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 22 MONARCH DRIVE?

22 MONARCH DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 22 on MONARCH DRIVE.