11, MOREFERN DRIVE, OAKWOOD, DERBY, DE21 2JE - £161,500

11 MOREFERN DRIVE is a very small detached house of 47m², built sometime between 1967 and 1975. It was last sold for £161,500 in August 2013, which was around 17% below the average August 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2010, where the current energy rating was D, and the potential energy rating was C.

11 MOREFERN DRIVE Sold Prices

Land registry data shows five sales for 11 MOREFERN DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the City of Derby local authority area for the corresponding sale date. All of the five 11 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
2013 6 AUG	£161,500	£194,836	17% below HPI
2006 14 JUL	£145,000	£195,659	26% below HPI
2003 11 DEC	£99,000	£163,537	39% below HPI
2002 20 NOV	£90,000	£127,340	29% below HPI
2000 21 DEC	£49,000	£85,688	43% below HPI

11 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 five 11 MOREFERN DRIVE sales between December 2000 and August 2013 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 July 2006 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2013 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 11 MOREFERN DRIVE?

11 MOREFERN DRIVE is 47m² according to the EPC inspection conducted in October 2010. 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 11 MOREFERN DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 11 MOREFERN DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

11 MOREFERN DRIVE: Plot and Title Map

11 MOREFERN DRIVE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 11 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 11 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 11 MOREFERN DRIVE?

11 MOREFERN DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 11 on MOREFERN DRIVE.