19, MEAR DRIVE, BORROWASH, DERBY, DE72 3QW - £117,000

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

19 MEAR DRIVE is a midsized extended detached house of 103m², built sometime between 1991 and 1995, which could now be worth an estimated £451,415. It was last sold for £117,000 in February 2001, which was around 40% above the average February 2001 detached price in the Erewash local authority area. The most recent EPC inspection was June 2024, where the current energy rating was C, and the potential energy rating was B.

19 MEAR DRIVE Sold Prices

Land registry data shows two sales for 19 MEAR DRIVE 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 19 MEAR DRIVE 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
2001 28 FEB	£117,000	£83,577	40% above HPI
1997 6 JUN	£92,500	£67,068	38% above HPI

19 MEAR DRIVE 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 19 MEAR DRIVE sales from June 1997 and February 2001 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 June 1997 sale was for 38% above the HPI. So the extrapolation line tracks at 38% above the HPI over time, until the February 2001 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 19 MEAR DRIVE be worth now?

19 MEAR DRIVE might now be worth an estimated £451,415.

This is based on house price inflation of 285.8%, between February 2001 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 285.8% inflationary increase is applied to the most recent sale price for 19 MEAR DRIVE of £117,000 on 28th February 2001. For the value to have increased from £117,000 to £451,415 over the 22 years and two months to December 2024, the following assumptions must hold true:

• The value of 19 MEAR DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2001 sale price of £117,000 represented a fair market value for the property.
• The size, condition, and specification of 19 MEAR DRIVE has not materially changed since February 2001.

How Large is 19 MEAR DRIVE?

19 MEAR DRIVE is 103m², which includes one extension, according to the EPC inspection conducted in June 2024. This puts it in the smallest 50% 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 19 MEAR DRIVE lies on this distribution: 47% of detached houses houses are smaller than 19 MEAR DRIVE, and 53% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

19 MEAR DRIVE: Plot and Title Map

19 MEAR DRIVE sits on a plot of roughly 0.063 of an acre, or 256m². The below map shows the location of 19 MEAR DRIVE, 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 19 MEAR DRIVE). 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 19 MEAR DRIVE?

19 MEAR DRIVE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 19 on MEAR DRIVE.