6, MEADOW CLOSE, DRAYCOTT, DERBY, DE72 3QR - £193,500

6 MEADOW CLOSE is a very small detached house of 70m², built sometime between 1967 and 1975. It was last sold for £193,500 in February 2017, which was around 10% below the average February 2017 detached price in the Erewash local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

6 MEADOW CLOSE Sold Prices

Land registry data shows four sales for 6 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 6 MEADOW CLOSE 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
2017 6 FEB	£193,500	£214,490	10% below HPI
2014 16 APR	£164,000	£181,106	9% below HPI
2010 3 DEC	£152,000	£175,133	13% below HPI
2002 25 OCT	£107,450	£121,095	11% below HPI

6 MEADOW CLOSE 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 four 6 MEADOW CLOSE sales between October 2002 and February 2017 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 April 2014 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the February 2017 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 6 MEADOW CLOSE?

6 MEADOW CLOSE is 70m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 10% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 6 MEADOW CLOSE lies on this distribution: 9% of detached houses are smaller than 6 MEADOW CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Draycott.

6 MEADOW CLOSE: Plot and Title Map

6 MEADOW CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 6 MEADOW CLOSE, 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 6 MEADOW CLOSE). 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 6 MEADOW CLOSE?

6 MEADOW CLOSE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 6 on MEADOW CLOSE.