22, MEADOW CLOSE, DRAYCOTT, DERBY, DE72 3QR - £80,000

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

22 MEADOW CLOSE is a very small detached house of 82m², built sometime between 1967 and 1975. It was last sold for £80,000 in March 2005, which was around 52% below the average March 2005 detached price in the Erewash local authority area. The most recent EPC inspection was January 2024, where the current energy rating was D, and the potential energy rating was C.

22 MEADOW CLOSE Sold Prices

Land registry data shows two sales for 22 MEADOW CLOSE 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 22 MEADOW CLOSE sales were 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
2005 24 MAR	£80,000	£165,661	52% below HPI
1996 21 FEB	£54,000	£60,390	11% below HPI

22 MEADOW CLOSE 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 22 MEADOW CLOSE sales from February 1996 and March 2005 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 February 1996 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the March 2005 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

How Large is 22 MEADOW CLOSE?

22 MEADOW CLOSE is 82m² according to the EPC inspection conducted in January 2024. This puts it in the smallest 20% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 22 MEADOW CLOSE lies on this distribution: 17% of detached houses are smaller than 22 MEADOW CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Draycott.

22 MEADOW CLOSE: Plot and Title Map

22 MEADOW CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 22 MEADOW CLOSE, 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 22 MEADOW CLOSE). 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 22 MEADOW CLOSE?

22 MEADOW CLOSE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 22 on MEADOW CLOSE.