3, WREN WAY, MICKLEOVER, DERBY, DE3 0UF - £401,200

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

3 WREN WAY is a large extended detached house of 139m², built sometime between 1996 and 2002, which could now be worth an estimated £492,377. It was last sold for £401,200 in May 2021, which was around 35% above the average May 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was B.

3 WREN WAY Sold Prices

Land registry data shows three sales for 3 WREN WAY 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 WREN WAY 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
2021 21 MAY	£401,200	£297,353	35% above HPI
2013 25 JUN	£310,000	£211,084	47% above HPI
1999 26 NOV	£129,950	£92,314	41% above HPI

3 WREN WAY 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 WREN WAY sales between November 1999 and May 2021 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 2013 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the May 2021 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 3 WREN WAY be worth now?

3 WREN WAY might now be worth an estimated £492,377.

This is based on house price inflation of 22.7%, between May 2021 and December 2024, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.7% inflationary increase is applied to the most recent sale price for 3 WREN WAY of £401,200 on 21st May 2021. For the value to have increased from £401,200 to £492,377 over the two years and five months to December 2024, the following assumptions must hold true:

• The value of 3 WREN WAY has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The May 2021 sale price of £401,200 represented a fair market value for the property.
• The size, condition, and specification of 3 WREN WAY has not materially changed since May 2021.

How Large is 3 WREN WAY?

3 WREN WAY is 139m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% 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 3 WREN WAY lies on this distribution: 80% of detached houses houses are smaller than 3 WREN WAY, and 20% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 WREN WAY: Plot and Title Map

3 WREN WAY sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 3 WREN 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 WREN 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 WREN WAY?

3 WREN WAY is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 3 on WREN WAY.