17, CENTRAL AVENUE, BORROWASH, DERBY, DE72 3JZ - £339,000

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

17 CENTRAL AVENUE is a very small detached house of 66m², built sometime between 1967 and 1975. It was last sold for £339,000 in March 2023, which was around 8% above the average March 2023 detached price in the Erewash local authority area. The most recent EPC inspection was June 2022, where the current energy rating was D, and the potential energy rating was B.

17 CENTRAL AVENUE Sold Prices

Land registry data shows three sales for 17 CENTRAL AVENUE 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. Two of the three 17 CENTRAL AVENUE sales were for above the average price, whilst one was for below 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
2023 27 MAR	£339,000	£312,968	8% above HPI
2018 8 NOV	£210,000	£240,740	13% below HPI
2001 7 DEC	£105,000	£94,126	12% above HPI

17 CENTRAL AVENUE 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 17 CENTRAL AVENUE sales between December 2001 and March 2023 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 November 2018 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2023 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

How Large is 17 CENTRAL AVENUE?

17 CENTRAL AVENUE is 66m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 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 17 CENTRAL AVENUE lies on this distribution: 6% of detached houses are smaller than 17 CENTRAL AVENUE, and 93% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

17 CENTRAL AVENUE: Plot and Title Map

17 CENTRAL AVENUE sits on a plot of roughly 0.095 of an acre, or 386m². The below map shows the location of 17 CENTRAL AVENUE, 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 17 CENTRAL AVENUE). 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 17 CENTRAL AVENUE?

17 CENTRAL AVENUE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 17 on CENTRAL AVENUE.