34, MORRELL WOOD DRIVE, BELPER, DE56 0JD - £245,000

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.

34 MORRELL WOOD DRIVE is a large detached house of 110m², built sometime between 1991 and 1995, which could now be worth an estimated £394,211. It was last sold for £245,000 in October 2015, which was around 16% above the average October 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

34 MORRELL WOOD DRIVE Sold Prices

Land registry data shows two sales for 34 MORRELL WOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 34 MORRELL WOOD 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
2015 23 OCT	£245,000	£211,235	16% above HPI
2006 16 JUN	£219,950	£187,665	17% above HPI

34 MORRELL WOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 34 MORRELL WOOD DRIVE sales from June 2006 and October 2015 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 2006 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the October 2015 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 34 MORRELL WOOD DRIVE be worth now?

34 MORRELL WOOD DRIVE might now be worth an estimated £394,211.

This is based on house price inflation of 60.9%, between October 2015 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.9% inflationary increase is applied to the most recent sale price for 34 MORRELL WOOD DRIVE of £245,000 on 23rd October 2015. For the value to have increased from £245,000 to £394,211 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 34 MORRELL WOOD DRIVE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 34 MORRELL WOOD DRIVE has not materially changed since October 2015.

How Large is 34 MORRELL WOOD DRIVE?

34 MORRELL WOOD DRIVE is 110m² according to the EPC inspection conducted in May 2015. This puts it in the largest 40% of detached houses houses in Belper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belper, and where 34 MORRELL WOOD DRIVE lies on this distribution: 63% of detached houses houses are smaller than 34 MORRELL WOOD DRIVE, and 36% of houses are larger. Note that EPC data is not available for all properties in Belper.

34 MORRELL WOOD DRIVE: Plot and Title Map

34 MORRELL WOOD DRIVE sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 34 MORRELL WOOD 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 34 MORRELL WOOD 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 34 MORRELL WOOD DRIVE?

34 MORRELL WOOD DRIVE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 34 on MORRELL WOOD DRIVE.