199, COLE LANE, BORROWASH, DERBY, DE72 3GN - £475,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

199 COLE LANE is a very large extended detached house of 199m², built sometime between 1967 and 1975, which could now be worth an estimated £590,272. It was last sold for £475,000 in June 2020, which was around 85% above the average June 2020 detached price in the Erewash local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was C.

199 COLE LANE Sold Prices

Land registry data shows two sales for 199 COLE LANE 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 199 COLE LANE 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
2020 15 JUN	£475,000	£256,706	85% above HPI
1996 17 MAY	£147,500	£62,167	137% above HPI

199 COLE LANE 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 199 COLE LANE sales from May 1996 and June 2020 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 May 1996 sale was for 137% above the HPI. So the extrapolation line tracks at 137% above the HPI over time, until the June 2020 sale, where it falls to 85% above the HPI. The line then continues to track at 85% above the HPI.

What might 199 COLE LANE be worth now?

199 COLE LANE might now be worth an estimated £590,272.

This is based on house price inflation of 24.3%, between June 2020 and February 2025, 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 24.3% inflationary increase is applied to the most recent sale price for 199 COLE LANE of £475,000 on 15th June 2020. For the value to have increased from £475,000 to £590,272 over the five years and four months to February 2025, the following assumptions must hold true:

• The value of 199 COLE LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2020 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of 199 COLE LANE has not materially changed since June 2020.

How Large is 199 COLE LANE?

199 COLE LANE is 199m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the largest 10% 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 199 COLE LANE lies on this distribution: 94% of detached houses houses are smaller than 199 COLE LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

199 COLE LANE: Plot and Title Map

199 COLE LANE sits on a plot of roughly 0.290 of an acre, or 1,175m². The below map shows the location of 199 COLE LANE, 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 199 COLE LANE). 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 199 COLE LANE?

199 COLE LANE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 199 on COLE LANE.