2, CHEVIN AVENUE, BORROWASH, DERBY, DE72 3HR - £395,000

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

2 CHEVIN AVENUE is a large extended detached house of 130m², built sometime between 1950 and 1966. It was last sold for £395,000 in May 2022, which was around 33% above the average May 2022 detached price in the Erewash local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was C.

2 CHEVIN AVENUE Sold Prices

Land registry data shows three sales for 2 CHEVIN AVENUE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Two of the three 2 CHEVIN AVENUE sales were for above the average price, whilst one was for below 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
2022 6 MAY	£395,000	£296,775	33% above HPI
2003 22 SEP	£180,000	£149,337	21% above HPI
2000 25 MAY	£67,500	£76,977	12% below HPI

2 CHEVIN 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 three 2 CHEVIN AVENUE sales between May 2000 and May 2022 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 September 2003 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the May 2022 sale, where it rises to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 2 CHEVIN AVENUE?

2 CHEVIN AVENUE is 130m², which includes one extension, according to the EPC inspection conducted in December 2021. 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 CHEVIN AVENUE lies on this distribution: 74% of detached houses are smaller than 2 CHEVIN AVENUE, and 26% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

2 CHEVIN AVENUE: Plot and Title Map

2 CHEVIN AVENUE sits on a plot of roughly 0.164 of an acre, or 665m². The below map shows the location of 2 CHEVIN 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 CHEVIN 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 CHEVIN AVENUE?

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