146, COLE LANE, BORROWASH, DERBY, DE72 3GP - £357,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

146 COLE LANE is a large detached house of 122m², built sometime between 1950 and 1966, which could now be worth an estimated £416,576. It was last sold for £357,500 in March 2021, which was around 31% above the average March 2021 detached price in the Erewash local authority area. The most recent EPC inspection was September 2018, where the current energy rating was E, and the potential energy rating was C.

146 COLE LANE Sold Prices

Land registry data shows two sales for 146 COLE LANE 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 146 COLE LANE 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
2021 31 MAR	£357,500	£273,764	31% above HPI
2019 31 OCT	£340,000	£245,395	39% above HPI

146 COLE LANE 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 146 COLE LANE sales from October 2019 and March 2021 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 October 2019 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2021 sale, where it falls to 31% above the HPI. The line then continues to track at 31% above the HPI.

What might 146 COLE LANE be worth now?

146 COLE LANE might now be worth an estimated £416,576.

This is based on house price inflation of 16.5%, between March 2021 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.5% inflationary increase is applied to the most recent sale price for 146 COLE LANE of £357,500 on 31st March 2021. For the value to have increased from £357,500 to £416,576 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 146 COLE LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2021 sale price of £357,500 represented a fair market value for the property.
• The size, condition, and specification of 146 COLE LANE has not materially changed since March 2021.

How Large is 146 COLE LANE?

146 COLE LANE is 122m² according to the EPC inspection conducted in September 2018. This puts it in the largest 40% of detached houses houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borrowash, and where 146 COLE LANE lies on this distribution: 66% of detached houses houses are smaller than 146 COLE LANE, and 34% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

146 COLE LANE: Plot and Title Map

146 COLE LANE sits on a plot of roughly 0.229 of an acre, or 925m². The below map shows the location of 146 COLE LANE, 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 146 COLE LANE). 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 146 COLE LANE?

146 COLE LANE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 146 on COLE LANE.