28, DRAYCOTT ROAD, BORROWASH, DERBY, DE72 3GG - £169,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

28 DRAYCOTT ROAD is a very small detached house of 62m², built sometime between 1900 and 1929. It was last sold for £169,950 in February 2018, which was around 27% below the average February 2018 detached price in the Erewash local authority area. The most recent EPC inspection was August 2017, where the current energy rating was E, and the potential energy rating was C.

28 DRAYCOTT ROAD Sold Prices

Land registry data shows two sales for 28 DRAYCOTT ROAD 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 28 DRAYCOTT ROAD 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
2018 1 FEB	£169,950	£231,401	27% below HPI
1995 21 SEP	£50,000	£60,692	18% below HPI

28 DRAYCOTT 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 two 28 DRAYCOTT ROAD sales from September 1995 and February 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 September 1995 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the February 2018 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 28 DRAYCOTT ROAD?

28 DRAYCOTT ROAD is 62m² according to the EPC inspection conducted in August 2017. 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 28 DRAYCOTT ROAD lies on this distribution: 4% of detached houses are smaller than 28 DRAYCOTT ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

28 DRAYCOTT ROAD: Plot and Title Map

28 DRAYCOTT ROAD sits on a plot of roughly 0.130 of an acre, or 527m². The below map shows the location of 28 DRAYCOTT 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 28 DRAYCOTT 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 28 DRAYCOTT ROAD?

28 DRAYCOTT ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 28 on DRAYCOTT ROAD.