3, MEDWAY DRIVE, ALLESTREE, DERBY, DE22 2UB - £207,000

3 MEDWAY DRIVE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £207,000 in October 2018, which was around 15% below the average October 2018 detached price in the City of Derby local authority area. The most recent EPC inspection was July 2018, where the current energy rating was D, and the potential energy rating was B.

3 MEDWAY DRIVE Sold Prices

Land registry data shows two sales for 3 MEDWAY 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 3 MEDWAY 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
2018 24 OCT	£207,000	£242,118	15% below HPI
1995 14 DEC	£61,000	£62,654	3% below HPI

3 MEDWAY 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 3 MEDWAY DRIVE sales from December 1995 and October 2018 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 1995 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the October 2018 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 3 MEDWAY DRIVE?

3 MEDWAY DRIVE is 62m² according to the EPC inspection conducted in July 2018. 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 3 MEDWAY DRIVE lies on this distribution: 6% of detached houses are smaller than 3 MEDWAY DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 MEDWAY DRIVE: Plot and Title Map

3 MEDWAY DRIVE sits on a plot of roughly 0.121 of an acre, or 488m². The below map shows the location of 3 MEDWAY 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 3 MEDWAY 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 3 MEDWAY DRIVE?

3 MEDWAY DRIVE is located in ALLESTREE, in the DE22 postcode district. The below map shows the position of No. 3 on MEDWAY DRIVE.