74, MERTON DRIVE, DERBY, DE22 4JJ - £220,000

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

74 MERTON DRIVE is a small detached house of 89m². It was last sold for £220,000 in May 2021, which was around 17% below the average May 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2014, where the current energy rating was C, and the potential energy rating was B.

74 MERTON DRIVE Sold Prices

Land registry data shows three sales for 74 MERTON 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. All of the three 74 MERTON DRIVE 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
2021 15 MAY	£220,000	£265,538	17% below HPI
2020 23 OCT	£205,000	£257,862	21% below HPI
2014 26 SEP	£184,995	£207,675	11% below HPI

74 MERTON 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 74 MERTON DRIVE sales between September 2014 and May 2021 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 2020 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 74 MERTON DRIVE?

74 MERTON DRIVE is 89m² according to the EPC inspection conducted in August 2014. 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 74 MERTON DRIVE lies on this distribution: 30% of detached houses are smaller than 74 MERTON DRIVE, and 68% of houses are larger. Note that EPC data is not available for all properties in Derby.

74 MERTON DRIVE: Plot and Title Map

74 MERTON DRIVE sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 74 MERTON 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 74 MERTON 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 74 MERTON DRIVE?

74 MERTON DRIVE is located in DERBY, in the DE22 postcode district. The below map shows the position of No. 74 on MERTON DRIVE.