24, MURRAY ROAD, MICKLEOVER, DERBY, DE3 9LE - £243,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

24 MURRAY ROAD is a midsized extended detached house of 114m², built sometime between 1967 and 1975, which could now be worth an estimated £432,821. It was last sold for £243,500 in April 2011, which was around 34% above the average April 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was C.

24 MURRAY ROAD Sold Prices

Land registry data shows two sales for 24 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. One of the two 24 MURRAY ROAD sales was for above the average price, whilst the other was 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
2011 15 APR	£243,500	£181,532	34% above HPI
2004 14 JUN	£169,950	£176,517	4% below HPI

24 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 24 MURRAY ROAD sales from June 2004 and April 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 June 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2011 sale, where it rises to 34% above the HPI. The line then continues to track at 34% above the HPI.

What might 24 MURRAY ROAD be worth now?

24 MURRAY ROAD might now be worth an estimated £432,821.

This is based on house price inflation of 77.7%, between April 2011 and December 2024, 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 77.7% inflationary increase is applied to the most recent sale price for 24 MURRAY ROAD of £243,500 on 15th April 2011. For the value to have increased from £243,500 to £432,821 over the twelve years and four months to December 2024, the following assumptions must hold true:

• The value of 24 MURRAY ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The April 2011 sale price of £243,500 represented a fair market value for the property.
• The size, condition, and specification of 24 MURRAY ROAD has not materially changed since April 2011.

How Large is 24 MURRAY ROAD?

24 MURRAY ROAD is 114m², which includes one extension, according to the EPC inspection conducted in January 2011. 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 24 MURRAY ROAD lies on this distribution: 57% of detached houses houses are smaller than 24 MURRAY ROAD, and 43% of houses are larger. Note that EPC data is not available for all properties in Derby.

24 MURRAY ROAD: Plot and Title Map

24 MURRAY ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 24 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 24 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 24 MURRAY ROAD?

24 MURRAY ROAD is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 24 on MURRAY ROAD.