5, MORRELL WOOD DRIVE, BELPER, DE56 0JD - £265,000

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

5 MORRELL WOOD DRIVE is a large detached house of 109m², built sometime between 1991 and 1995. It was last sold for £265,000 in November 2017, which was around 10% above the average November 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2017, where the current energy rating was D, and the potential energy rating was C.

5 MORRELL WOOD DRIVE Sold Prices

Land registry data shows two sales for 5 MORRELL WOOD DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 5 MORRELL WOOD DRIVE 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
2017 29 NOV	£265,000	£241,654	10% above HPI
1996 25 OCT	£71,000	£64,103	11% above HPI

5 MORRELL WOOD DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 5 MORRELL WOOD DRIVE sales from October 1996 and November 2017 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 October 1996 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the November 2017 sale, where it falls to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is 5 MORRELL WOOD DRIVE?

5 MORRELL WOOD DRIVE is 109m² according to the EPC inspection conducted in August 2017. This puts it in the largest 40% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 5 MORRELL WOOD DRIVE lies on this distribution: 62% of detached houses are smaller than 5 MORRELL WOOD DRIVE, and 37% of houses are larger. Note that EPC data is not available for all properties in Belper.

5 MORRELL WOOD DRIVE: Plot and Title Map

5 MORRELL WOOD DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 5 MORRELL WOOD DRIVE, 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 MORRELL WOOD DRIVE). 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 MORRELL WOOD DRIVE?

5 MORRELL WOOD DRIVE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 5 on MORRELL WOOD DRIVE.