6, MONARCH DRIVE, OAKWOOD, DERBY, DE21 2XW - £198,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

6 MONARCH DRIVE is a small extended detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £331,132. It was last sold for £198,000 in December 2013, which was around 3% above the average December 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2013, where the current energy rating was C, and the potential energy rating was B.

6 MONARCH DRIVE Sold Prices

Land registry data shows three sales for 6 MONARCH DRIVE 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. Two of the three 6 MONARCH DRIVE sales were for above the average price, whilst one was 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
2013 19 DEC	£198,000	£192,942	3% above HPI
2006 26 JAN	£169,000	£184,502	8% below HPI
2002 17 MAY	£124,000	£105,051	18% above HPI

6 MONARCH DRIVE 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 6 MONARCH DRIVE sales between May 2002 and December 2013 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 2006 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2013 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 6 MONARCH DRIVE be worth now?

6 MONARCH DRIVE might now be worth an estimated £331,132.

This is based on house price inflation of 67.2%, between December 2013 and December 2024, for 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 67.2% inflationary increase is applied to the most recent sale price for 6 MONARCH DRIVE of £198,000 on 19th December 2013. For the value to have increased from £198,000 to £331,132 over the eleven years to December 2024, the following assumptions must hold true:

• The value of 6 MONARCH DRIVE has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The December 2013 sale price of £198,000 represented a fair market value for the property.
• The size, condition, and specification of 6 MONARCH DRIVE has not materially changed since December 2013.

How Large is 6 MONARCH DRIVE?

6 MONARCH DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in September 2013. This puts it in the smallest 40% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 6 MONARCH DRIVE lies on this distribution: 30% of detached houses houses are smaller than 6 MONARCH DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Derby.

6 MONARCH DRIVE: Plot and Title Map

6 MONARCH DRIVE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 6 MONARCH 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 6 MONARCH 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 6 MONARCH DRIVE?

6 MONARCH DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 6 on MONARCH DRIVE.