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

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.

1A PRINCESS DRIVE is a midsized extended detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £286,439. It was last sold for £178,000 in September 2014, which was around 10% 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	£198,236	10% below HPI
2004 13 AUG	£180,000	£176,305	2% 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the September 2014 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1A PRINCESS DRIVE be worth now?

1A PRINCESS DRIVE might now be worth an estimated £286,439.

This is based on house price inflation of 60.9%, between September 2014 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 60.9% inflationary increase is applied to the most recent sale price for 1A PRINCESS DRIVE of £178,000 on 30th September 2014. For the value to have increased from £178,000 to £286,439 over the eleven years and seven months to February 2025, the following assumptions must hold true:

• The value of 1A PRINCESS DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2014 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 1A PRINCESS DRIVE has not materially changed since September 2014.

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 houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borrowash, and where 1A PRINCESS DRIVE lies on this distribution: 45% of detached houses 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.