13, THE SPINNEY, BORROWASH, DERBY, DE72 3FT - £119,000

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

13 THE SPINNEY is a very large extended detached house of 145m², built sometime between 1983 and 1990. It was last sold for £119,000 in March 2002, which was around 27% above the average March 2002 detached price in the Erewash local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

13 THE SPINNEY Sold Prices

Land registry data shows two sales for 13 THE SPINNEY 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 13 THE SPINNEY 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
2002 1 MAR	£119,000	£93,967	27% above HPI
1997 18 JUL	£74,000	£64,326	15% above HPI

13 THE SPINNEY 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 13 THE SPINNEY sales from July 1997 and March 2002 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 1997 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2002 sale, where it rises to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 13 THE SPINNEY?

13 THE SPINNEY is 145m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 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 13 THE SPINNEY lies on this distribution: 82% of detached houses are smaller than 13 THE SPINNEY, and 17% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

13 THE SPINNEY: Plot and Title Map

13 THE SPINNEY sits on a plot of roughly 0.076 of an acre, or 307m². The below map shows the location of 13 THE SPINNEY, 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 13 THE SPINNEY). 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 13 THE SPINNEY?

13 THE SPINNEY is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 13 on THE SPINNEY.