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
199 COLE LANE is a very large extended detached house of 199m², built sometime between 1967 and 1975. It was last sold for £475,000 in June 2020, which was around 91% 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.
Land registry data shows two sales for 199 COLE LANE since 1st 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 | £248,996 | 91% above HPI |
1996 17 MAY | £147,500 | £60,300 | 145% above HPI |
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 145% above the HPI. So the extrapolation line tracks at 145% above the HPI over time, until the June 2020 sale, where it falls to 91% above the HPI. The line then continues to track at 91% above the HPI.
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 in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 199 COLE LANE lies on this distribution: 94% of detached 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 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.
199 COLE LANE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 199 on COLE LANE.