1A, PRINCESS DRIVE, BORROWASH, DERBY, DE72 3LQ - £178,000

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

1A PRINCESS DRIVE is a midsized extended detached house of 101m², built sometime between 1976 and 1982. It was last sold for £178,000 in September 2014, which was around 7% below the average September 2014 detached price in the Erewash local authority area. The most recent EPC inspection was June 2011, where the current energy rating was E, and the potential energy rating was D.

1A PRINCESS DRIVE Sold Prices

Land registry data shows two sales for 1A PRINCESS 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. One of the two 1A PRINCESS DRIVE sales was for below the average price, whilst the other was 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
2014 30 SEP	£178,000	£192,283	7% below HPI
2004 13 AUG	£180,000	£171,010	5% above HPI

1A PRINCESS 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 1A PRINCESS DRIVE sales from August 2004 and September 2014 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 August 2004 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2014 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is 1A PRINCESS DRIVE?

1A PRINCESS DRIVE is 101m², which includes two extensions, according to the EPC inspection conducted in June 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 1A PRINCESS DRIVE lies on this distribution: 45% of detached houses are smaller than 1A PRINCESS DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

1A PRINCESS DRIVE: Plot and Title Map

1A PRINCESS DRIVE sits on a plot of roughly 0.069 of an acre, or 279m². The below map shows the location of 1A PRINCESS 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 1A PRINCESS 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 1A PRINCESS DRIVE?

1A PRINCESS DRIVE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 1A on PRINCESS DRIVE.