257A, MORLEY ROAD, OAKWOOD, DERBY, DE21 4TD - £348,000

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

257A MORLEY ROAD is a very large extended detached house of 159m², built sometime between 1996 and 2002. It was last sold for £348,000 in March 2017, which was around 52% above the average March 2017 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2013, where the current energy rating was D, and the potential energy rating was C.

257A MORLEY ROAD Sold Prices

Land registry data shows seven sales for 257A MORLEY ROAD since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the seven 257A 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
2017 17 MAR	£348,000	£228,394	52% above HPI
2014 31 JUL	£295,000	£200,809	47% above HPI
2012 4 MAY	£310,000	£181,043	71% above HPI
2006 24 NOV	£290,000	£199,895	45% above HPI
2002 30 SEP	£225,000	£121,388	85% above HPI
1998 9 JAN	£93,520	£67,348	39% above HPI
1995 6 JAN	£125,000	£63,689	96% above HPI

257A 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 seven 257A MORLEY ROAD sales between January 1995 and March 2017 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 July 2014 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the March 2017 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 257A MORLEY ROAD?

257A MORLEY ROAD is 159m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the largest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 257A MORLEY ROAD lies on this distribution: 87% of detached houses are smaller than 257A MORLEY ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Derby.

257A MORLEY ROAD: Plot and Title Map

257A MORLEY ROAD sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 257A 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 257A 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 257A MORLEY ROAD?

257A MORLEY ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 257A on MORLEY ROAD.