241, MORLEY ROAD, OAKWOOD, DERBY, DE21 4TB - £417,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

241 MORLEY ROAD is a very large detached house of 177m², built sometime between 1991 and 1995, which could now be worth an estimated £721,296. It was last sold for £417,500 in August 2012, which was around 124% above the average August 2012 detached price in the City of Derby local authority area. The most recent EPC inspection was August 2011, where the current energy rating was E, and the potential energy rating was C.

241 MORLEY ROAD Sold Prices

Land registry data shows two sales for 241 MORLEY ROAD 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 241 MORLEY ROAD 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
2012 22 AUG	£417,500	£186,407	124% above HPI
1996 18 APR	£160,000	£63,553	152% above HPI

241 MORLEY ROAD 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 241 MORLEY ROAD sales from April 1996 and August 2012 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 April 1996 sale was for 152% above the HPI. So the extrapolation line tracks at 152% above the HPI over time, until the August 2012 sale, where it falls to 124% above the HPI. The line then continues to track at 124% above the HPI.

What might 241 MORLEY ROAD be worth now?

241 MORLEY ROAD might now be worth an estimated £721,296.

This is based on house price inflation of 72.8%, between August 2012 and July 2025, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 72.8% inflationary increase is applied to the most recent sale price for 241 MORLEY ROAD of £417,500 on 22nd August 2012. For the value to have increased from £417,500 to £721,296 over the thirteen years and one month to July 2025, the following assumptions must hold true:

• The value of 241 MORLEY ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The August 2012 sale price of £417,500 represented a fair market value for the property.
• The size, condition, and specification of 241 MORLEY ROAD has not materially changed since August 2012.

How Large is 241 MORLEY ROAD?

241 MORLEY ROAD is 177m² according to the EPC inspection conducted in August 2011. This puts it in the largest 10% of detached houses houses in Derby, based on EPC data. The below chart shows the distribution of detached houses houses by size in Derby, and where 241 MORLEY ROAD lies on this distribution: 92% of detached houses houses are smaller than 241 MORLEY ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Derby.

241 MORLEY ROAD: Plot and Title Map

241 MORLEY ROAD sits on a plot of roughly 0.224 of an acre, or 905m². The below map shows the location of 241 MORLEY ROAD, 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 241 MORLEY ROAD). 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 241 MORLEY ROAD?

241 MORLEY ROAD is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 241 on MORLEY ROAD.