4, MANDARIN WAY, ALVASTON, DERBY, DE24 8YE - £170,000

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

4 MANDARIN WAY is a midsized detached house of 108m², built sometime between 2003 and 2006, which could now be worth an estimated £263,771. It was last sold for £170,000 in September 2014, which was around 18% below the average September 2014 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2008, where the current energy rating was C, and the potential energy rating was C.

4 MANDARIN WAY Sold Prices

Land registry data shows two sales for 4 MANDARIN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 4 MANDARIN 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
2014 30 SEP	£170,000	£207,962	18% below HPI
2004 27 AUG	£160,500	£180,148	11% below HPI

4 MANDARIN 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 two 4 MANDARIN WAY sales from August 2004 and September 2014 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 August 2004 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the September 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 4 MANDARIN WAY be worth now?

4 MANDARIN WAY might now be worth an estimated £263,771.

This is based on house price inflation of 55.2%, between September 2014 and December 2024, 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 55.2% inflationary increase is applied to the most recent sale price for 4 MANDARIN WAY of £170,000 on 30th September 2014. For the value to have increased from £170,000 to £263,771 over the nine years and nine months to December 2024, the following assumptions must hold true:

• The value of 4 MANDARIN WAY has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The September 2014 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MANDARIN WAY has not materially changed since September 2014.

How Large is 4 MANDARIN WAY?

4 MANDARIN WAY is 108m² according to the EPC inspection conducted in October 2008. This puts it in the largest 50% 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 4 MANDARIN WAY lies on this distribution: 50% of detached houses houses are smaller than 4 MANDARIN WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 MANDARIN WAY: Plot and Title Map

4 MANDARIN WAY sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 4 MANDARIN 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 4 MANDARIN 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 4 MANDARIN WAY?

4 MANDARIN WAY is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 4 on MANDARIN WAY.