309, MORLEY ROAD, OAKWOOD, DERBY, DE21 4TD - £199,950

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

309 MORLEY ROAD is a large extended detached house of 122m², built sometime between 1991 and 1995, which could now be worth an estimated £522,605. It was last sold for £199,950 in September 2002, which was around 64% above the average September 2002 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was C.

309 MORLEY ROAD Sold Prices

Land registry data shows three sales for 309 MORLEY ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the three 309 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
2002 26 SEP	£199,950	£121,556	64% above HPI
2001 25 MAY	£135,000	£87,368	55% above HPI
1998 3 JUL	£96,000	£68,947	39% above HPI

309 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 three 309 MORLEY ROAD sales between July 1998 and September 2002 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 2001 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the September 2002 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

What might 309 MORLEY ROAD be worth now?

309 MORLEY ROAD might now be worth an estimated £522,605.

This is based on house price inflation of 161.4%, between September 2002 and February 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 161.4% inflationary increase is applied to the most recent sale price for 309 MORLEY ROAD of £199,950 on 26th September 2002. For the value to have increased from £199,950 to £522,605 over the 23 years and seven months to February 2025, the following assumptions must hold true:

• The value of 309 MORLEY ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2002 sale price of £199,950 represented a fair market value for the property.
• The size, condition, and specification of 309 MORLEY ROAD has not materially changed since September 2002.

How Large is 309 MORLEY ROAD?

309 MORLEY ROAD is 122m², which includes two extensions, according to the EPC inspection conducted in February 2017. This puts it in the largest 40% 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 309 MORLEY ROAD lies on this distribution: 66% of detached houses houses are smaller than 309 MORLEY ROAD, and 34% of houses are larger. Note that EPC data is not available for all properties in Derby.

309 MORLEY ROAD: Plot and Title Map

309 MORLEY ROAD sits on a plot of roughly 0.156 of an acre, or 630m². The below map shows the location of 309 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 309 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 309 MORLEY ROAD?

309 MORLEY ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 309 on MORLEY ROAD.