161, COLE LANE, BORROWASH, DERBY, DE72 3GN - £350,000

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

161 COLE LANE is a very large extended detached house of 325m², built sometime between 1900 and 1929. It was last sold for £350,000 in March 2012, which was around 110% above the average March 2012 detached price in the Erewash local authority area. The most recent EPC inspection was July 2010, where the current energy rating was E, and the potential energy rating was D.

161 COLE LANE Sold Prices

Land registry data shows three sales for 161 COLE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 161 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
2012 2 MAR	£350,000	£167,000	110% above HPI
2000 27 JAN	£285,000	£70,175	306% above HPI
1995 20 OCT	£247,000	£61,595	301% above HPI

161 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 three 161 COLE LANE sales between October 1995 and March 2012 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 2000 sale was for 306% above the HPI. So the extrapolation line tracks at 306% above the HPI over time, until the March 2012 sale, where it falls to 110% above the HPI. The line then continues to track at 110% above the HPI.

How Large is 161 COLE LANE?

161 COLE LANE is 325m², which includes one extension, according to the EPC inspection conducted in July 2010. This puts it in the largest 10% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 161 COLE LANE lies on this distribution: 99% of detached houses are smaller than 161 COLE LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

161 COLE LANE: Plot and Title Map

161 COLE LANE sits on a plot of roughly 0.333 of an acre, or 1,347m². The below map shows the location of 161 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 161 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 161 COLE LANE?

161 COLE LANE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 161 on COLE LANE.