5, MOREFERN DRIVE, OAKWOOD, DERBY, DE21 2JE - £153,000

5 MOREFERN DRIVE is a very small detached house of 46m², built sometime between 1983 and 1990. It was last sold for £153,000 in March 2013, which was around 19% below the average March 2013 detached price in the City of Derby local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

5 MOREFERN DRIVE Sold Prices

Land registry data shows two sales for 5 MOREFERN 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 5 MOREFERN 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
2013 25 MAR	£153,000	£189,107	19% below HPI
2003 24 OCT	£130,000	£157,576	18% below HPI

5 MOREFERN 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 5 MOREFERN DRIVE sales from October 2003 and March 2013 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 October 2003 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the March 2013 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 5 MOREFERN DRIVE?

5 MOREFERN DRIVE is 46m² according to the EPC inspection conducted in November 2012. 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 5 MOREFERN DRIVE lies on this distribution: Less than 1% of detached houses are smaller than 5 MOREFERN DRIVE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Derby.

5 MOREFERN DRIVE: Plot and Title Map

5 MOREFERN DRIVE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 5 MOREFERN 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 5 MOREFERN 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 5 MOREFERN DRIVE?

5 MOREFERN DRIVE is located in OAKWOOD, in the DE21 postcode district. The below map shows the position of No. 5 on MOREFERN DRIVE.