22, MONTAGUE WAY, CHELLASTON, DERBY, DE73 5AS - £480,000

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

22 MONTAGUE WAY is a very large extended detached house of 190m², built sometime between 2003 and 2006. It was last sold for £480,000 in April 2024, which was around 56% above the average April 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2024, where the current energy rating was C, and the potential energy rating was B.

22 MONTAGUE WAY Sold Prices

Land registry data shows four sales for 22 MONTAGUE WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 22 MONTAGUE WAY 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
2024 30 APR	£480,000	£307,542	56% above HPI
2014 29 SEP	£337,500	£207,675	63% above HPI
2007 31 OCT	£372,500	£210,149	77% above HPI
2005 30 JUN	£369,495	£186,234	98% above HPI

22 MONTAGUE WAY 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 four 22 MONTAGUE WAY sales between June 2005 and April 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 September 2014 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the April 2024 sale, where it falls to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 22 MONTAGUE WAY?

22 MONTAGUE WAY is 190m², which includes one extension, according to the EPC inspection conducted in February 2024. This puts it in the largest 10% 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 MONTAGUE WAY lies on this distribution: 94% of detached houses are smaller than 22 MONTAGUE WAY, and 5% of houses are larger. Note that EPC data is not available for all properties in Derby.

22 MONTAGUE WAY: Plot and Title Map

22 MONTAGUE WAY sits on a plot of roughly 0.095 of an acre, or 384m². The below map shows the location of 22 MONTAGUE WAY, 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 MONTAGUE WAY). 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 MONTAGUE WAY?

22 MONTAGUE WAY is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 22 on MONTAGUE WAY.