22, NOTTINGHAM ROAD, BORROWASH, DERBY, DE72 3FL - £275,000

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 NOTTINGHAM ROAD is a very small detached house of 72m², built sometime before 1900. It was last sold for £275,000 in October 2023, which was around 12% below the average October 2023 detached price in the Erewash local authority area. The most recent EPC inspection was January 2022, where the current energy rating was E, and the potential energy rating was B.

22 NOTTINGHAM ROAD Sold Prices

Land registry data shows three sales for 22 NOTTINGHAM ROAD 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 22 NOTTINGHAM ROAD sales were for below the average price, whilst one was 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
2023 23 OCT	£275,000	£310,994	12% below HPI
2012 15 NOV	£140,000	£172,896	19% below HPI
1997 4 AUG	£69,950	£66,015	6% above HPI

22 NOTTINGHAM ROAD 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 22 NOTTINGHAM ROAD sales between August 1997 and October 2023 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 November 2012 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the October 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 22 NOTTINGHAM ROAD?

22 NOTTINGHAM ROAD is 72m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 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 22 NOTTINGHAM ROAD lies on this distribution: 9% of detached houses are smaller than 22 NOTTINGHAM ROAD, and 90% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

22 NOTTINGHAM ROAD: Plot and Title Map

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

22 NOTTINGHAM ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 22 on NOTTINGHAM ROAD.