5, MONTAGUE WAY, CHELLASTON, DERBY, DE73 5AS - £150,000

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.

5 MONTAGUE WAY is a very small semi-detached house of 56m², built sometime between 2003 and 2006, which could now be worth an estimated £158,722. It was last sold for £150,000 in September 2022, which was around 24% below the average September 2022 semi-detached price in the City of Derby local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was C.

5 MONTAGUE WAY Sold Prices

Land registry data shows three sales for 5 MONTAGUE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the City of Derby local authority area for the corresponding sale date. All of the three 5 MONTAGUE 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
2022 23 SEP	£150,000	£197,387	24% below HPI
2020 6 MAR	£125,000	£155,412	20% below HPI
2007 30 MAR	£129,995	£131,609	1% below HPI

5 MONTAGUE WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the City of Derby local authority area over time, sourced from the HPI. The three 5 MONTAGUE WAY sales between March 2007 and September 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 March 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the September 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 5 MONTAGUE WAY be worth now?

5 MONTAGUE WAY might now be worth an estimated £158,722.

This is based on house price inflation of 5.8%, between September 2022 and February 2025, for semi-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 5.8% inflationary increase is applied to the most recent sale price for 5 MONTAGUE WAY of £150,000 on 23rd September 2022. For the value to have increased from £150,000 to £158,722 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 MONTAGUE WAY has moved in line with the HPI for semi-detached houses in the City of Derby local authority area.
• The September 2022 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 5 MONTAGUE WAY has not materially changed since September 2022.

How Large is 5 MONTAGUE WAY?

5 MONTAGUE WAY is 56m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of semi-detached houses houses in Derby, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Derby, and where 5 MONTAGUE WAY lies on this distribution: 3% of semi-detached houses houses are smaller than 5 MONTAGUE WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 MONTAGUE WAY: Plot and Title Map

5 MONTAGUE WAY sits on a plot of roughly 0.180 of an acre, or 729m². The below map shows the location of 5 MONTAGUE 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 MONTAGUE 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 MONTAGUE WAY?

5 MONTAGUE WAY is located in CHELLASTON, in the DE73 postcode district. The below map shows the position of No. 5 on MONTAGUE WAY.