4, OUTRAM WAY, STENSON FIELDS, DERBY, DE24 3EH - £240,000

Based on the June 2024 Price Paid Data (released on 26 July 2024), the May 2024 House Price Index (released on 17 July 2024), and the June 2024 Energy Performance of Buildings Data (released on 25 July 2024). Sources

4 OUTRAM WAY is a very small detached house of 75m², built sometime between 1991 and 1995. It was last sold for £240,000 in February 2023, which was around 26% below the average February 2023 detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was C.

4 OUTRAM WAY Sold Prices

Land registry data shows three sales for 4 OUTRAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 4 OUTRAM 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
2023 27 FEB	£240,000	£325,587	26% below HPI
2019 30 AUG	£169,000	£271,599	38% below HPI
2006 2 AUG	£154,500	£218,190	29% below HPI

4 OUTRAM WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 4 OUTRAM WAY sales between August 2006 and February 2023 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 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2023 sale, where it rises to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 4 OUTRAM WAY?

4 OUTRAM WAY is 75m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 4 OUTRAM WAY lies on this distribution: 15% of detached houses are smaller than 4 OUTRAM WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Derby.

4 OUTRAM WAY: Plot and Title Map

4 OUTRAM WAY sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 4 OUTRAM 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 OUTRAM 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 OUTRAM WAY?

4 OUTRAM WAY is located in STENSON FIELDS, in the DE24 postcode district. The below map shows the position of No. 4 on OUTRAM WAY.