18, STATION ROAD, BORROWASH, DERBY, DE72 3LG - £305,000

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 STATION ROAD is a very small detached house of 78m², built sometime between 1950 and 1966. It was last sold for £305,000 in October 2022, which was about the average October 2022 detached price in the Erewash local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

18 STATION ROAD Sold Prices

Land registry data shows three sales for 18 STATION ROAD 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. The three 18 STATION ROAD sales were a mix of roughly equal to the average price, above the average price, and 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
2022 7 OCT	£305,000	£304,751	Close to HPI
2005 9 SEP	£150,000	£174,268	14% below HPI
2001 31 OCT	£95,000	£92,474	3% above HPI

18 STATION ROAD 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 18 STATION ROAD sales between October 2001 and October 2022 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 September 2005 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it rises to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 18 STATION ROAD?

18 STATION ROAD is 78m² according to the EPC inspection conducted in July 2022. This puts it in the smallest 20% 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 STATION ROAD lies on this distribution: 15% of detached houses are smaller than 18 STATION ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

18 STATION ROAD: Plot and Title Map

18 STATION ROAD sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of 18 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

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