16, MEAR DRIVE, BORROWASH, DERBY, DE72 3QW - £222,000

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

16 MEAR DRIVE is a very small detached house of 78m², built sometime between 1991 and 1995. It was last sold for £222,000 in October 2016, which was around 4% above the average October 2016 detached price in the Erewash local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

16 MEAR DRIVE Sold Prices

Land registry data shows five sales for 16 MEAR DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the five 16 MEAR DRIVE 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
2016 28 OCT	£222,000	£213,921	4% above HPI
2007 11 JAN	£189,950	£187,817	1% above HPI
2003 15 SEP	£159,000	£149,337	6% above HPI
2000 10 NOV	£90,000	£81,105	11% above HPI
1995 22 SEP	£71,950	£60,692	19% above HPI

16 MEAR DRIVE 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 five 16 MEAR DRIVE sales between September 1995 and October 2016 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 January 2007 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the October 2016 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

How Large is 16 MEAR DRIVE?

16 MEAR DRIVE is 78m² according to the EPC inspection conducted in November 2013. 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 16 MEAR DRIVE lies on this distribution: 15% of detached houses are smaller than 16 MEAR DRIVE, and 83% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

16 MEAR DRIVE: Plot and Title Map

16 MEAR DRIVE sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 16 MEAR DRIVE, 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 MEAR DRIVE). 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 MEAR DRIVE?

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