12, CHEVIN AVENUE, BORROWASH, DERBY, DE72 3HR - £295,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

12 CHEVIN AVENUE is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £295,000 in May 2023, which was around 4% below the average May 2023 detached price in the Erewash local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

12 CHEVIN AVENUE Sold Prices

Land registry data shows two sales for 12 CHEVIN 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 12 CHEVIN AVENUE 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
2023 3 MAY	£295,000	£307,355	4% below HPI
2011 25 AUG	£120,000	£168,963	29% below HPI

12 CHEVIN 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 12 CHEVIN AVENUE sales from August 2011 and May 2023 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 August 2011 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the May 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 12 CHEVIN AVENUE?

12 CHEVIN AVENUE is 78m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 20% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 12 CHEVIN AVENUE lies on this distribution: 15% of detached houses are smaller than 12 CHEVIN AVENUE, and 83% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

12 CHEVIN AVENUE: Plot and Title Map

12 CHEVIN AVENUE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 12 CHEVIN 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 12 CHEVIN 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 12 CHEVIN AVENUE?

12 CHEVIN AVENUE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 12 on CHEVIN AVENUE.