2, OAK TREE COURT, BORROWASH, DERBY, DE72 3YD - £490,000

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

2 OAK TREE COURT is a very large detached house of 181m², built sometime between 1983 and 1990. It was last sold for £490,000 in May 2018, which was around 115% above the average May 2018 detached price in the Erewash local authority area. The most recent EPC inspection was December 2021, where the current energy rating was C, and the potential energy rating was B.

2 OAK TREE COURT Sold Prices

Land registry data shows three sales for 2 OAK TREE COURT 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. All of the three 2 OAK TREE COURT 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
2018 25 MAY	£490,000	£227,403	115% above HPI
2001 31 AUG	£249,000	£91,132	173% above HPI
2000 15 DEC	£249,950	£80,371	211% above HPI

2 OAK TREE COURT 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 OAK TREE COURT sales between December 2000 and May 2018 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 2001 sale was for 173% above the HPI. So the extrapolation line tracks at 173% above the HPI over time, until the May 2018 sale, where it falls to 115% above the HPI. The line then continues to track at 115% above the HPI.

How Large is 2 OAK TREE COURT?

2 OAK TREE COURT is 181m² according to the EPC inspection conducted in December 2021. 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 2 OAK TREE COURT lies on this distribution: 91% of detached houses are smaller than 2 OAK TREE COURT, and 9% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

2 OAK TREE COURT: Plot and Title Map

2 OAK TREE COURT sits on a plot of roughly 0.381 of an acre, or 1,543m². The below map shows the location of 2 OAK TREE COURT, 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 OAK TREE COURT). 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 OAK TREE COURT?

2 OAK TREE COURT is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 2 on OAK TREE COURT.