20, PARES WAY, OCKBROOK, DERBY, DE72 3TJ - £205,000

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.

20 PARES WAY is a midsized extended semi-detached house of 93m², built sometime between 1967 and 1975, which could now be worth an estimated £278,660. It was last sold for £205,000 in July 2018, which was around 32% above the average July 2018 semi-detached price in the Erewash local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

20 PARES WAY Sold Prices

Land registry data shows three sales for 20 PARES WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. All of the three 20 PARES WAY 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 17 JUL	£205,000	£155,659	32% above HPI
2001 4 MAY	£87,500	£51,028	71% above HPI
1999 30 JUN	£65,000	£43,241	50% above HPI

20 PARES WAY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The three 20 PARES WAY sales between June 1999 and July 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 May 2001 sale was for 71% above the HPI. So the extrapolation line tracks at 71% above the HPI over time, until the July 2018 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 20 PARES WAY be worth now?

20 PARES WAY might now be worth an estimated £278,660.

This is based on house price inflation of 35.9%, between July 2018 and February 2025, for semi-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 35.9% inflationary increase is applied to the most recent sale price for 20 PARES WAY of £205,000 on 17th July 2018. For the value to have increased from £205,000 to £278,660 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 20 PARES WAY has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The July 2018 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 20 PARES WAY has not materially changed since July 2018.

How Large is 20 PARES WAY?

20 PARES WAY is 93m², which includes one extension, according to the EPC inspection conducted in February 2013. This puts it in the smallest 50% of semi-detached houses houses in Ockbrook, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ockbrook, and where 20 PARES WAY lies on this distribution: 40% of semi-detached houses houses are smaller than 20 PARES WAY, and 59% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

20 PARES WAY: Plot and Title Map

20 PARES WAY sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 20 PARES WAY, 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 20 PARES WAY). 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 20 PARES WAY?

20 PARES WAY is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 20 on PARES WAY.