5, CLEVELAND AVENUE, DRAYCOTT, DERBY, DE72 3NR - £450,000

5 CLEVELAND AVENUE is a large extended detached house of 142m², built sometime between 1900 and 1929. It was last sold for £450,000 in March 2022, which was around 56% above the average March 2022 detached price in the Erewash local authority area. The most recent EPC inspection was July 2016, where the current energy rating was F, and the potential energy rating was B.

5 CLEVELAND AVENUE Sold Prices

Land registry data shows two sales for 5 CLEVELAND AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 5 CLEVELAND AVENUE 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
2022 25 MAR	£450,000	£289,260	56% above HPI
2016 18 NOV	£327,500	£214,816	52% above HPI

5 CLEVELAND AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 5 CLEVELAND AVENUE sales from November 2016 and March 2022 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 November 2016 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the March 2022 sale, where it rises to 56% above the HPI. The line then continues to track at 56% above the HPI.

How Large is 5 CLEVELAND AVENUE?

5 CLEVELAND AVENUE is 142m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the largest 30% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 5 CLEVELAND AVENUE lies on this distribution: 75% of detached houses are smaller than 5 CLEVELAND AVENUE, and 24% of houses are larger. Note that EPC data is not available for all properties in Draycott.

5 CLEVELAND AVENUE: Plot and Title Map

5 CLEVELAND AVENUE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 5 CLEVELAND AVENUE, 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 CLEVELAND AVENUE). 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 CLEVELAND AVENUE?

5 CLEVELAND AVENUE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 5 on CLEVELAND AVENUE.