1, ROMAN WAY, BORROWASH, DERBY, DE72 3LX - £222,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

1 ROMAN WAY is a large detached house of 134m², built sometime between 1996 and 2002. It was last sold for £222,000 in February 2012, which was around 32% above the average February 2012 detached price in the Erewash local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

1 ROMAN WAY Sold Prices

Land registry data shows three sales for 1 ROMAN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 1 ROMAN WAY 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
2012 27 FEB	£222,000	£168,783	32% above HPI
2001 31 JUL	£155,000	£89,252	74% above HPI
1998 26 JUN	£114,950	£69,096	66% above HPI

1 ROMAN WAY 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 three 1 ROMAN WAY sales between June 1998 and February 2012 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 July 2001 sale was for 74% above the HPI. So the extrapolation line tracks at 74% above the HPI over time, until the February 2012 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 1 ROMAN WAY?

1 ROMAN WAY is 134m² according to the EPC inspection conducted in February 2010. This puts it in the largest 30% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 1 ROMAN WAY lies on this distribution: 77% of detached houses are smaller than 1 ROMAN WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

1 ROMAN WAY: Plot and Title Map

1 ROMAN WAY sits on a plot of roughly 0.089 of an acre, or 358m². The below map shows the location of 1 ROMAN WAY, 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 1 ROMAN WAY). 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 1 ROMAN WAY?

1 ROMAN WAY is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 1 on ROMAN WAY.