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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 MONARCH DRIVE is a midsized detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £328,209. 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	£182,953	3% above HPI
1996 20 DEC	£81,995	£63,567	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.

What might 22 MONARCH DRIVE be worth now?

22 MONARCH DRIVE might now be worth an estimated £328,209.

This is based on house price inflation of 73.7%, between January 2011 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 73.7% inflationary increase is applied to the most recent sale price for 22 MONARCH DRIVE of £189,000 on 7th January 2011. For the value to have increased from £189,000 to £328,209 over the thirteen years and eleven months to February 2025, the following assumptions must hold true:

• The value of 22 MONARCH DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The January 2011 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 22 MONARCH DRIVE has not materially changed since January 2011.

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 houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 22 MONARCH DRIVE lies on this distribution: 53% of detached houses houses are smaller than 22 MONARCH DRIVE, and 47% 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.