4, MORRELL WOOD DRIVE, BELPER, DE56 0JD - £315,000

4 MORRELL WOOD DRIVE is a large detached house of 124m², built sometime between 1983 and 1990. It was last sold for £315,000 in May 2021, which was around 9% above the average May 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

4 MORRELL WOOD DRIVE Sold Prices

Land registry data shows two sales for 4 MORRELL WOOD 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 Amber Valley local authority area for the corresponding sale date. One of the two 4 MORRELL WOOD DRIVE sales was for above the average price, whilst the other was roughly equal to 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
2021 18 MAY	£315,000	£288,134	9% above HPI
2017 15 FEB	£225,000	£225,484	Close to HPI

4 MORRELL WOOD DRIVE 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 two 4 MORRELL WOOD DRIVE sales from February 2017 and May 2021 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 2017 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 4 MORRELL WOOD DRIVE?

4 MORRELL WOOD DRIVE is 124m² according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 4 MORRELL WOOD DRIVE lies on this distribution: 77% of detached houses are smaller than 4 MORRELL WOOD DRIVE, and 22% of houses are larger. Note that EPC data is not available for all properties in Belper.

4 MORRELL WOOD DRIVE: Plot and Title Map

4 MORRELL WOOD DRIVE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 4 MORRELL WOOD 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 4 MORRELL WOOD 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 4 MORRELL WOOD DRIVE?

4 MORRELL WOOD DRIVE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 4 on MORRELL WOOD DRIVE.