7, MONARCH DRIVE, OAKWOOD, DERBY, DE21 2XW - £281,500

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 MONARCH DRIVE is a very large detached house of 141m², built sometime between 1996 and 2002. It was last sold for £281,500 in January 2019, which was around 16% above the average January 2019 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2014, where the current energy rating was E, and the potential energy rating was C.

7 MONARCH DRIVE Sold Prices

Land registry data shows four sales for 7 MONARCH DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the four 7 MONARCH 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
2019 11 JAN	£281,500	£243,321	16% above HPI
2013 16 JAN	£210,000	£184,224	14% above HPI
2000 31 JAN	£89,000	£76,580	16% above HPI
1996 16 OCT	£89,995	£63,525	42% above HPI

7 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 four 7 MONARCH DRIVE sales between October 1996 and January 2019 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 2013 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2019 sale, where it rises to 16% above the HPI. The line then continues to track at 16% above the HPI.

How Large is 7 MONARCH DRIVE?

7 MONARCH DRIVE is 141m² according to the EPC inspection conducted in November 2014. This puts it in the largest 20% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 7 MONARCH DRIVE lies on this distribution: 81% of detached houses are smaller than 7 MONARCH DRIVE, and 19% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 MONARCH DRIVE: Plot and Title Map

7 MONARCH DRIVE sits on a plot of roughly 0.087 of an acre, or 352m². The below map shows the location of 7 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 7 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 7 MONARCH DRIVE?

7 MONARCH DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 7 on MONARCH DRIVE.