9, MOREFERN DRIVE, OAKWOOD, DERBY, DE21 2JE - £205,000

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

9 MOREFERN DRIVE is a very small detached house of 46m², built sometime between 1983 and 1990. It was last sold for £205,000 in November 2021, which was around 27% below the average November 2021 detached price in the City of Derby local authority area. The most recent EPC inspection was May 2013, where the current energy rating was D, and the potential energy rating was B.

9 MOREFERN DRIVE Sold Prices

Land registry data shows two sales for 9 MOREFERN 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 City of Derby local authority area for the corresponding sale date. Both of the two 9 MOREFERN 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 12 NOV	£205,000	£282,308	27% below HPI
2013 10 DEC	£155,000	£192,675	20% below HPI

9 MOREFERN 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 two 9 MOREFERN DRIVE sales from December 2013 and November 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 December 2013 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the November 2021 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 9 MOREFERN DRIVE?

9 MOREFERN DRIVE is 46m² according to the EPC inspection conducted in May 2013. This puts it in the smallest 10% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 9 MOREFERN DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 9 MOREFERN DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

9 MOREFERN DRIVE: Plot and Title Map

9 MOREFERN DRIVE sits on a plot of roughly 0.089 of an acre, or 361m². The below map shows the location of 9 MOREFERN 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 9 MOREFERN 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 9 MOREFERN DRIVE?

9 MOREFERN DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 9 on MOREFERN DRIVE.