307, OREGON WAY, CHADDESDEN, DERBY, DE21 6ZB - £185,000

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

307 OREGON WAY is a very small detached house of 54m², built sometime between 1976 and 1982. It was last sold for £185,000 in December 2020, which was around 30% below the average December 2020 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2015, where the current energy rating was E, and the potential energy rating was B.

307 OREGON WAY Sold Prices

Land registry data shows four sales for 307 OREGON WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 307 OREGON WAY 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
2020 18 DEC	£185,000	£262,839	30% below HPI
2018 4 MAY	£165,000	£233,786	29% below HPI
2015 2 OCT	£135,000	£215,471	37% below HPI
2015 12 FEB	£113,000	£203,069	44% below HPI

307 OREGON 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 four 307 OREGON WAY sales between February 2015 and December 2020 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 2018 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 307 OREGON WAY?

307 OREGON WAY is 54m² according to the EPC inspection conducted in July 2015. This puts it in the smallest 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 307 OREGON WAY lies on this distribution: 2% of detached houses are smaller than 307 OREGON WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Derby.

307 OREGON WAY: Plot and Title Map

307 OREGON WAY sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 307 OREGON 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 307 OREGON 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 307 OREGON WAY?

307 OREGON WAY is located in CHADDESDEN, in the DE21 postcode district. The below map shows the position of No. 307 on OREGON WAY.