32, MONARCH DRIVE, OAKWOOD, DERBY, DE21 2XW - £380,000

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

32 MONARCH DRIVE is a midsized extended detached house of 114m², built sometime between 1996 and 2002. It was last sold for £380,000 in July 2024, which was around 22% above the average July 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

32 MONARCH DRIVE Sold Prices

Land registry data shows four sales for 32 MONARCH DRIVE 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 32 MONARCH DRIVE 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
2024 31 JUL	£380,000	£310,581	22% above HPI
1999 30 JUL	£101,500	£72,536	40% above HPI
1998 27 MAR	£88,000	£66,732	32% above HPI
1996 29 NOV	£85,000	£64,135	33% above HPI

32 MONARCH DRIVE 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 32 MONARCH DRIVE sales between November 1996 and July 2024 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 July 1999 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the July 2024 sale, where it falls to 22% above the HPI. The line then continues to track at 22% above the HPI.

How Large is 32 MONARCH DRIVE?

32 MONARCH DRIVE is 114m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 50% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 32 MONARCH DRIVE lies on this distribution: 57% of detached houses are smaller than 32 MONARCH DRIVE, and 42% of houses are larger. Note that EPC data is not available for all properties in Derby.

32 MONARCH DRIVE: Plot and Title Map

32 MONARCH DRIVE sits on a plot of roughly 0.106 of an acre, or 428m². The below map shows the location of 32 MONARCH DRIVE, 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 32 MONARCH DRIVE). 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 32 MONARCH DRIVE?

32 MONARCH DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 32 on MONARCH DRIVE.