7, MURRAY ROAD, MICKLEOVER, DERBY, DE3 9LE - £160,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

7 MURRAY ROAD is a small detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £279,040. It was last sold for £160,000 in February 2011, which was around 11% below the average February 2011 detached price in the City of Derby local authority area. The most recent EPC inspection was October 2010, where the current energy rating was E, and the potential energy rating was D.

7 MURRAY ROAD Sold Prices

Land registry data shows one sale for 7 MURRAY ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the City of Derby local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2011 7 FEB	£160,000	£180,148	11% below HPI

What might 7 MURRAY ROAD be worth now?

7 MURRAY ROAD might now be worth an estimated £279,040.

This is based on house price inflation of 74.4%, between February 2011 and May 2026, for detached houses, in the City of Derby local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.4% inflationary increase is applied to the most recent sale price for 7 MURRAY ROAD of £160,000 on 7th February 2011. For the value to have increased from £160,000 to £279,040 over the fourteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 7 MURRAY ROAD has moved in line with the HPI for detached houses in the City of Derby local authority area.
• The February 2011 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 7 MURRAY ROAD has not materially changed since February 2011.

How Large is 7 MURRAY ROAD?

7 MURRAY ROAD is 96m² according to the EPC inspection conducted in October 2010. This puts it in the smallest 40% of detached houses in Derby, based on EPC data. The below chart shows the distribution of detached houses by size in Derby, and where 7 MURRAY ROAD lies on this distribution: 39% of detached houses are smaller than 7 MURRAY ROAD, and 61% of detached houses are larger. Note that EPC data is not available for all properties in Derby.

7 MURRAY ROAD: Plot

7 MURRAY ROAD sits on a plot of roughly 0.078 of an acre, or 315m².

Where is 7 MURRAY ROAD?

7 MURRAY ROAD is located in MICKLEOVER, in the DE3 postcode district.