16, FOSSE CLOSE, BORROWASH, DERBY, DE72 3NN - £122,000

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

16 FOSSE CLOSE is a small detached house of 93m², built sometime between 1996 and 2002. It was last sold for £122,000 in September 2002, which was around 4% above the average September 2002 detached price in the Erewash local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

16 FOSSE CLOSE Sold Prices

Land registry data shows two sales for 16 FOSSE CLOSE 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 16 FOSSE CLOSE 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 12 SEP	£122,000	£117,601	4% above HPI
1998 24 APR	£84,950	£66,541	28% above HPI

16 FOSSE CLOSE 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 16 FOSSE CLOSE sales from April 1998 and September 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 April 1998 sale was for 28% above the HPI. So the extrapolation line tracks at 28% above the HPI over time, until the September 2002 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 16 FOSSE CLOSE?

16 FOSSE CLOSE is 93m² according to the EPC inspection conducted in March 2020. This puts it in the smallest 40% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 16 FOSSE CLOSE lies on this distribution: 38% of detached houses are smaller than 16 FOSSE CLOSE, and 61% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

16 FOSSE CLOSE: Plot and Title Map

16 FOSSE CLOSE sits on a plot of roughly 0.103 of an acre, or 416m². The below map shows the location of 16 FOSSE CLOSE, 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 16 FOSSE CLOSE). 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 16 FOSSE CLOSE?

16 FOSSE CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 16 on FOSSE CLOSE.