7, MERCHANT DRIVE, LEABROOKS, ALFRETON, DE55 1NA - £310,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 MERCHANT DRIVE is a very large detached house of 128m². It was last sold for £310,000 in September 2022, which was around 3% below the average September 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was C, and the potential energy rating was B.

7 MERCHANT DRIVE Sold Prices

Land registry data shows two sales for 7 MERCHANT 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. One of the two 7 MERCHANT DRIVE sales was for below the average price, whilst the other was 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 9 SEP	£310,000	£318,787	3% below HPI
2015 30 JAN	£230,000	£205,633	12% above HPI

7 MERCHANT 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 7 MERCHANT DRIVE sales from January 2015 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 January 2015 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2022 sale, where it falls to 3% below the HPI. The line then continues to track at 3% below the HPI.

How Large is 7 MERCHANT DRIVE?

7 MERCHANT DRIVE is 128m² according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses in Leabrooks, based on EPC data. The below chart shows the distribution of detached houses by size in Leabrooks, and where 7 MERCHANT DRIVE lies on this distribution: 84% of detached houses are smaller than 7 MERCHANT DRIVE, and 16% of houses are larger. Note that EPC data is not available for all properties in Leabrooks.

7 MERCHANT DRIVE: Plot and Title Map

7 MERCHANT DRIVE sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 7 MERCHANT 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 7 MERCHANT 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 7 MERCHANT DRIVE?

7 MERCHANT DRIVE is located in LEABROOKS, in the DE55 postcode district. The below map shows the position of No. 7 on MERCHANT DRIVE.