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
18 FOSSE CLOSE is a small detached house of 82m², built sometime between 1996 and 2002. It was last sold for £215,000 in April 2016, which was around 5% above the average April 2016 detached price in the Erewash local authority area. The most recent EPC inspection was April 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 18 FOSSE CLOSE since 1st 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 18 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 |
---|---|---|---|
2016 15 APR | £215,000 | £204,936 | 5% above HPI |
2002 1 JUL | £137,500 | £109,239 | 26% above HPI |
1998 27 FEB | £76,950 | £64,560 | 19% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 18 FOSSE CLOSE sales between February 1998 and April 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 July 2002 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the April 2016 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.
18 FOSSE CLOSE is 82m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 30% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 18 FOSSE CLOSE lies on this distribution: 23% of detached houses are smaller than 18 FOSSE CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Borrowash.
18 FOSSE CLOSE sits on a plot of roughly 0.051 of an acre, or 207m². The below map shows the location of 18 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 18 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.
18 FOSSE CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 18 on FOSSE CLOSE.