241, MORLEY ROAD, OAKWOOD, DERBY, DE21 4TB - £417,500

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

241 MORLEY ROAD is a very large detached house of 177m², built sometime between 1991 and 1995. It was last sold for £417,500 in August 2012, which was around 124% above the average August 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was C.

241 MORLEY ROAD Sold Prices

Land registry data shows two sales for 241 MORLEY 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 241 MORLEY 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
2012 22 AUG	£417,500	£186,149	124% above HPI
1996 18 APR	£160,000	£63,465	152% above HPI

241 MORLEY 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 241 MORLEY ROAD sales from April 1996 and August 2012 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 April 1996 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the August 2012 sale, where it falls to 124% above the HPI. The line then continues to track at 124% above the HPI.

How Large is 241 MORLEY ROAD?

241 MORLEY ROAD is 177m² according to the EPC inspection conducted in August 2011. 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 241 MORLEY ROAD lies on this distribution: 92% of detached houses are smaller than 241 MORLEY ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Derby.

241 MORLEY ROAD: Plot and Title Map

241 MORLEY ROAD sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of 241 MORLEY 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 241 MORLEY 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 241 MORLEY ROAD?

241 MORLEY ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 241 on MORLEY ROAD.