5, CAVENDISH WAY, MICKLEOVER, DERBY, DE3 9BJ - £361,180

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

5 CAVENDISH WAY is a large extended detached house of 125m², built sometime between 1930 and 1949. It was last sold for £361,180 in April 2022, which was around 25% above the average April 2022 detached price in the City of Derby local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

5 CAVENDISH WAY Sold Prices

Land registry data shows three sales for 5 CAVENDISH 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 City of Derby local authority area for the corresponding sale date. All of the three 5 CAVENDISH WAY 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
2022 1 APR	£361,180	£289,434	25% above HPI
2009 28 AUG	£246,000	£186,636	32% above HPI
1995 28 JUL	£85,000	£62,658	36% above HPI

5 CAVENDISH 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 three 5 CAVENDISH WAY sales between July 1995 and April 2022 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 2009 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the April 2022 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 5 CAVENDISH WAY?

5 CAVENDISH WAY is 125m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the largest 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 5 CAVENDISH WAY lies on this distribution: 68% of detached houses are smaller than 5 CAVENDISH WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 CAVENDISH WAY: Plot and Title Map

5 CAVENDISH WAY sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 5 CAVENDISH 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 5 CAVENDISH 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 5 CAVENDISH WAY?

5 CAVENDISH WAY is located in MICKLEOVER, in the DE3 postcode district. The below map shows the position of No. 5 on CAVENDISH WAY.