18, ROMAN WAY, BORROWASH, DERBY, DE72 3LX - £223,000

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

18 ROMAN WAY is a midsized detached house of 101m², built sometime between 1996 and 2002. It was last sold for £223,000 in April 2005, which was around 35% above the average April 2005 detached price in the Erewash local authority area. The most recent EPC inspection was February 2011, where the current energy rating was D, and the potential energy rating was C.

18 ROMAN WAY Sold Prices

Land registry data shows two sales for 18 ROMAN WAY 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 18 ROMAN WAY 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
2005 26 APR	£223,000	£165,357	35% above HPI
1997 25 APR	£96,500	£63,330	52% above HPI

18 ROMAN WAY 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 18 ROMAN WAY sales from April 1997 and April 2005 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 April 1997 sale was for 52% above the HPI. So the extrapolation line tracks at 52% above the HPI over time, until the April 2005 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 18 ROMAN WAY?

18 ROMAN WAY is 101m² according to the EPC inspection conducted in February 2011. This puts it in the smallest 50% 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 ROMAN WAY lies on this distribution: 45% of detached houses are smaller than 18 ROMAN WAY, and 55% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

18 ROMAN WAY: Plot and Title Map

18 ROMAN WAY sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 18 ROMAN WAY, 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 ROMAN WAY). 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 18 ROMAN WAY?

18 ROMAN WAY is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 18 on ROMAN WAY.