3, MONKS CLOSE, STENSON FIELDS, DERBY, DE24 3JS - £150,000

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 MONKS CLOSE is a very small detached house of 78m², built sometime between 1967 and 1975. It was last sold for £150,000 in December 2013, which was around 30% below the average December 2013 detached price in the South Derbyshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

3 MONKS CLOSE Sold Prices

Land registry data shows three sales for 3 MONKS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 3 MONKS CLOSE sales were 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
2013 20 DEC	£150,000	£213,149	30% below HPI
2005 1 JUN	£152,000	£190,847	20% below HPI
2001 7 DEC	£85,000	£113,573	25% below HPI

3 MONKS CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 3 MONKS CLOSE sales between December 2001 and December 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 June 2005 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the December 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 3 MONKS CLOSE?

3 MONKS CLOSE is 78m² according to the EPC inspection conducted in April 2023. This puts it in the smallest 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 3 MONKS CLOSE lies on this distribution: 18% of detached houses are smaller than 3 MONKS CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 MONKS CLOSE: Plot and Title Map

3 MONKS CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 3 MONKS CLOSE, 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 MONKS CLOSE). 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 MONKS CLOSE?

3 MONKS CLOSE is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 3 on MONKS CLOSE.