3, MANDARIN WAY, ALVASTON, DERBY, DE24 8YE - £176,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 MANDARIN WAY is a midsized detached house of 116m², built sometime from 2007 onwards. It was last sold for £176,000 in November 2013, which was around 7% below the average November 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was B.

3 MANDARIN WAY Sold Prices

Land registry data shows two sales for 3 MANDARIN WAY 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 3 MANDARIN WAY sales was for below the average price, whilst the other was 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
2013 15 NOV	£176,000	£189,494	7% below HPI
2005 17 MAY	£189,950	£186,380	2% above HPI

3 MANDARIN 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 two 3 MANDARIN WAY sales from May 2005 and November 2013 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 May 2005 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the November 2013 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 3 MANDARIN WAY?

3 MANDARIN WAY is 116m² according to the EPC inspection conducted in May 2013. This puts it in the largest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 3 MANDARIN WAY lies on this distribution: 60% of detached houses are smaller than 3 MANDARIN WAY, and 40% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 MANDARIN WAY: Plot and Title Map

3 MANDARIN WAY sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 3 MANDARIN 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 3 MANDARIN 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 3 MANDARIN WAY?

3 MANDARIN WAY is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 3 on MANDARIN WAY.