44, MANDARIN WAY, ALVASTON, DERBY, DE24 8YE - £260,000

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

44 MANDARIN WAY is a small extended detached house of 92m², built sometime between 2003 and 2006. It was last sold for £260,000 in January 2024, which was around 14% below the average January 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

44 MANDARIN WAY Sold Prices

Land registry data shows four sales for 44 MANDARIN WAY 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 44 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
2024 8 JAN	£260,000	£302,710	14% below HPI
2023 13 JAN	£290,000	£308,603	6% below HPI
2014 23 JUN	£170,000	£199,830	15% below HPI
2006 27 JAN	£169,500	£184,247	8% below HPI

44 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 four 44 MANDARIN WAY sales between January 2006 and January 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 January 2023 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 44 MANDARIN WAY?

44 MANDARIN WAY is 92m², which includes two extensions, according to the EPC inspection conducted in October 2023. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 44 MANDARIN WAY lies on this distribution: 35% of detached houses are smaller than 44 MANDARIN WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Derby.

44 MANDARIN WAY: Plot and Title Map

44 MANDARIN WAY sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 44 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 44 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 44 MANDARIN WAY?

44 MANDARIN WAY is located in ALVASTON, in the DE24 postcode district. The below map shows the position of No. 44 on MANDARIN WAY.