17, WEAVERS CLOSE, BORROWASH, DERBY, DE72 3YB - £229,950

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

17 WEAVERS CLOSE is a large detached house of 129m², built sometime between 1983 and 1990, which could now be worth an estimated £377,263. It was last sold for £229,950 in February 2015, which was around 17% above the average February 2015 detached price in the Erewash local authority area. The most recent EPC inspection was November 2014, where the current energy rating was D, and the potential energy rating was C.

17 WEAVERS CLOSE Sold Prices

Land registry data shows two sales for 17 WEAVERS 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 17 WEAVERS 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
2015 18 FEB	£229,950	£196,547	17% above HPI
1998 3 DEC	£76,500	£71,637	7% above HPI

17 WEAVERS 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 17 WEAVERS CLOSE sales from December 1998 and February 2015 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 December 1998 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2015 sale, where it rises to 17% above the HPI. The line then continues to track at 17% above the HPI.

What might 17 WEAVERS CLOSE be worth now?

17 WEAVERS CLOSE might now be worth an estimated £377,263.

This is based on house price inflation of 64.1%, between February 2015 and December 2024, 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 64.1% inflationary increase is applied to the most recent sale price for 17 WEAVERS CLOSE of £229,950 on 18th February 2015. For the value to have increased from £229,950 to £377,263 over the eight years and two months to December 2024, the following assumptions must hold true:

• The value of 17 WEAVERS CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2015 sale price of £229,950 represented a fair market value for the property.
• The size, condition, and specification of 17 WEAVERS CLOSE has not materially changed since February 2015.

How Large is 17 WEAVERS CLOSE?

17 WEAVERS CLOSE is 129m² according to the EPC inspection conducted in November 2014. This puts it in the largest 30% 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 17 WEAVERS CLOSE lies on this distribution: 72% of detached houses houses are smaller than 17 WEAVERS CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

17 WEAVERS CLOSE: Plot and Title Map

17 WEAVERS CLOSE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 17 WEAVERS 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 17 WEAVERS 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 17 WEAVERS CLOSE?

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