227, VICTORIA AVENUE, BORROWASH, DERBY, DE72 3HG - £81,000

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

227 VICTORIA AVENUE is a small extended detached house of 88m², built sometime between 1930 and 1949. It was last sold for £81,000 in April 2001, which was around 2% below the average April 2001 detached price in the Erewash local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

227 VICTORIA AVENUE Sold Prices

Land registry data shows two sales for 227 VICTORIA AVENUE 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 227 VICTORIA AVENUE 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
2001 18 APR	£81,000	£82,446	2% below HPI
1997 1 SEP	£52,000	£67,291	23% below HPI

227 VICTORIA 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 two 227 VICTORIA AVENUE sales from September 1997 and April 2001 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 1997 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2001 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 227 VICTORIA AVENUE?

227 VICTORIA AVENUE is 88m², which includes one extension, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 227 VICTORIA AVENUE lies on this distribution: 31% of detached houses are smaller than 227 VICTORIA AVENUE, and 68% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

227 VICTORIA AVENUE: Plot and Title Map

227 VICTORIA AVENUE sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 227 VICTORIA 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 227 VICTORIA 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 227 VICTORIA AVENUE?

227 VICTORIA AVENUE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 227 on VICTORIA AVENUE.