7, MORLEY GARDENS, OAKWOOD, DERBY, DE21 4QQ - £221,000

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

7 MORLEY GARDENS is a small extended detached house of 90m², built sometime between 1967 and 1975. It was last sold for £221,000 in January 2024, which was around 27% below the average January 2024 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2023, where the current energy rating was E, and the potential energy rating was C.

7 MORLEY GARDENS Sold Prices

Land registry data shows two sales for 7 MORLEY GARDENS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. Both of the two 7 MORLEY GARDENS 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
2024 26 JAN	£221,000	£302,710	27% below HPI
2001 18 OCT	£73,000	£97,637	25% below HPI

7 MORLEY GARDENS 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 two 7 MORLEY GARDENS sales from October 2001 and January 2024 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 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2024 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 7 MORLEY GARDENS?

7 MORLEY GARDENS is 90m², which includes one extension, according to the EPC inspection conducted in August 2023. This puts it in the smallest 40% 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 MORLEY GARDENS lies on this distribution: 32% of detached houses are smaller than 7 MORLEY GARDENS, and 67% of houses are larger. Note that EPC data is not available for all properties in Derby.

7 MORLEY GARDENS: Plot and Title Map

7 MORLEY GARDENS sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 7 MORLEY GARDENS, 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 MORLEY GARDENS). 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 MORLEY GARDENS?

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