15, Oaklands Way
15, Oaklands Way
Description & Estimates
15, Oaklands Way, Derby is recorded publicly as a modern freehold house across 688 ft2 of internal area, sitting on a 105 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Oaklands Way, Derby is £300,120 and its rental estimate is £1,202 per month, given the available information and assuming reasonable condition.
Oaklands Way, Melbourne, Derby, DE73 falls within the DE73 postal district, in the borough of South Derbyshire.
Our Data Sources
15, Oaklands Way, Derby has 31 entries in the Land Registry , most recently in September 2024 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 15, Oaklands Way, Derby, we estimate a market value of £315,126 and a rental value of £1,262 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £279,111 and £1,118 per month respectively.
Recent Market Change
Over the last year, 15, Oaklands Way, Derby has seen its estimated sale value fall by £2,743 (0.9%) and its estimated rental value move up by £24 per month (2.0%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 15, Oaklands Way, Derby as measuring 105 m2.
That makes it the 27th largest plot in the postcode, where 27 of the 29 other houses have recorded plot data.
Energy Efficiency
15, Oaklands Way, Derby has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 15, Oaklands Way, Derby completed on 26th September 2024 at £240,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 6.1% over the period since September 2024.
- Sold Sep 2024£240,000
- Sold Feb 2021£190,000
- Sold Sep 1999£86,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Oaklands Way, Derby have sold within a radius of 730 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th December 2024, was 16, Tivey Way, Derby, DE73 8JS, a freehold house which sold for £248,000.
Read more about house prices in DE73.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 29 addresses on Oaklands Way, Melbourne, Derby, DE73, 15, Oaklands Way, Derby comes out as the 28th largest and the 28th most expensive in our analysis of the public data.
It is also £18k less expensive than the average property across the DE73 district.
More reading links
Schools Nearby
- 100mMelbourne Infant School
- 200mMelbourne Junior School
- 2.8kmWeston-on-Trent CofE (VA) Primary School
- 4.3kmChellaston Academy
- 6.1kmNoel-Baker Academy
- 6.2kmCastle Donington College
More reading links
Public Transport Nearby
From 15, Oaklands Way, Derby, the nearest station is Peartree, 8.3 kilometres away.
- 8.3kmPeartree
- 9.3kmSpondon
- 9.7kmWillington
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
