2, CENTRAL AVENUE, BORROWASH, DERBY, DE72 3JZ - £430,200

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

2 CENTRAL AVENUE is a large extended detached house of 133m², built sometime between 1900 and 1929. It was last sold for £430,200 in January 2021, which was around 64% above the average January 2021 detached price in the Erewash local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was C.

2 CENTRAL AVENUE Sold Prices

Land registry data shows two sales for 2 CENTRAL AVENUE 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 2 CENTRAL AVENUE 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
2021 8 JAN	£430,200	£262,140	64% above HPI
1997 11 DEC	£90,000	£66,685	35% above HPI

2 CENTRAL AVENUE 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 2 CENTRAL AVENUE sales from December 1997 and January 2021 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 December 1997 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the January 2021 sale, where it rises to 64% above the HPI. The line then continues to track at 64% above the HPI.

How Large is 2 CENTRAL AVENUE?

2 CENTRAL AVENUE is 133m², which includes one extension, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 2 CENTRAL AVENUE lies on this distribution: 76% of detached houses are smaller than 2 CENTRAL AVENUE, and 23% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

2 CENTRAL AVENUE: Plot and Title Map

2 CENTRAL AVENUE sits on a plot of roughly 0.146 of an acre, or 593m². The below map shows the location of 2 CENTRAL AVENUE, 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 2 CENTRAL AVENUE). 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 2 CENTRAL AVENUE?

2 CENTRAL AVENUE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 2 on CENTRAL AVENUE.