12, ROMAN WAY, BORROWASH, DERBY, DE72 3LX - £255,000

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

12 ROMAN WAY is a midsized extended detached house of 97m², built sometime between 1996 and 2002. It was last sold for £255,000 in September 2019, which was around 8% above the average September 2019 detached price in the Erewash local authority area. The most recent EPC inspection was September 2015, where the current energy rating was D, and the potential energy rating was B.

12 ROMAN WAY Sold Prices

Land registry data shows four sales for 12 ROMAN WAY 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 12 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
2019 23 SEP	£255,000	£236,153	8% above HPI
2010 13 DEC	£177,500	£175,133	1% above HPI
2006 20 OCT	£184,000	£182,597	1% above HPI
1998 3 APR	£83,000	£66,541	25% above HPI

12 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 four 12 ROMAN WAY sales between April 1998 and September 2019 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 December 2010 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 12 ROMAN WAY?

12 ROMAN WAY is 97m², which includes one extension, according to the EPC inspection conducted in September 2015. This puts it in the smallest 50% 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 ROMAN WAY lies on this distribution: 42% of detached houses are smaller than 12 ROMAN WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

12 ROMAN WAY: Plot and Title Map

12 ROMAN WAY sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 12 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 12 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 12 ROMAN WAY?

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