25, LACE MAKERS CLOSE, BORROWASH, DERBY, DE72 3WQ - £367,500

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

25 LACE MAKERS CLOSE is a very large detached house of 152m², built sometime from 2007 onwards. It was last sold for £367,500 in January 2020, which was around 54% above the average January 2020 detached price in the Erewash local authority area. The most recent EPC inspection was November 2013, where the current energy rating was C, and the potential energy rating was B.

25 LACE MAKERS CLOSE Sold Prices

Land registry data shows two sales for 25 LACE MAKERS 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 25 LACE MAKERS CLOSE 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
2020 10 JAN	£367,500	£238,436	54% above HPI
2014 27 MAR	£270,000	£179,631	50% above HPI

25 LACE MAKERS 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 25 LACE MAKERS CLOSE sales from March 2014 and January 2020 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 March 2014 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the January 2020 sale, where it rises to 54% above the HPI. The line then continues to track at 54% above the HPI.

How Large is 25 LACE MAKERS CLOSE?

25 LACE MAKERS CLOSE is 152m² according to the EPC inspection conducted in November 2013. This puts it in the largest 20% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 25 LACE MAKERS CLOSE lies on this distribution: 85% of detached houses are smaller than 25 LACE MAKERS CLOSE, and 14% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

25 LACE MAKERS CLOSE: Plot and Title Map

25 LACE MAKERS CLOSE sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of 25 LACE MAKERS 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 25 LACE MAKERS 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 25 LACE MAKERS CLOSE?

25 LACE MAKERS CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 25 on LACE MAKERS CLOSE.