3, SOMERBY WAY, OAKWOOD, DERBY, DE21 2DY - £330,000

3 SOMERBY WAY is a midsized detached house of 108m², built sometime between 1983 and 1990. It was last sold for £330,000 in January 2023, which was around 5% above the average January 2023 detached price in the City of Derby local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.

3 SOMERBY WAY Sold Prices

Land registry data shows two sales for 3 SOMERBY WAY 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 SOMERBY WAY 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
2023 11 JAN	£330,000	£315,648	5% above HPI
2011 25 FEB	£205,000	£179,899	14% above HPI

3 SOMERBY WAY 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 SOMERBY WAY sales from February 2011 and January 2023 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 February 2011 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the January 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 3 SOMERBY WAY?

3 SOMERBY WAY is 108m² according to the EPC inspection conducted in September 2022. This puts it in the largest 50% 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 SOMERBY WAY lies on this distribution: 50% of detached houses are smaller than 3 SOMERBY WAY, and 49% of houses are larger. Note that EPC data is not available for all properties in Derby.

3 SOMERBY WAY: Plot and Title Map

3 SOMERBY WAY sits on a plot of roughly 0.080 of an acre, or 325m². The below map shows the location of 3 SOMERBY 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 3 SOMERBY 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 3 SOMERBY WAY?

3 SOMERBY WAY is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 3 on SOMERBY WAY.