26, MONARCH WAY, HEANOR, DE75 7SZ - £138,000

26 MONARCH WAY is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £138,000 in December 2004, which was around 25% below the average December 2004 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

26 MONARCH WAY Sold Prices

Land registry data shows three sales for 26 MONARCH WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 26 MONARCH WAY 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
2004 15 DEC	£138,000	£182,955	25% below HPI
2002 6 JUN	£84,750	£108,198	22% below HPI
2000 26 MAY	£66,950	£79,776	16% below HPI

26 MONARCH WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 26 MONARCH WAY sales between May 2000 and December 2004 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 June 2002 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the December 2004 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 26 MONARCH WAY?

26 MONARCH WAY is 70m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 20% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 26 MONARCH WAY lies on this distribution: 11% of detached houses are smaller than 26 MONARCH WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Heanor.

26 MONARCH WAY: Plot and Title Map

26 MONARCH WAY sits on a plot of roughly 0.069 of an acre, or 280m². The below map shows the location of 26 MONARCH WAY, 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 26 MONARCH WAY). 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 26 MONARCH WAY?

26 MONARCH WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 26 on MONARCH WAY.