2B, NURSERY CLOSE, BORROWASH, DERBY, DE72 3HT - £125,000

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

2B NURSERY CLOSE is a very small detached house of 60m², built sometime between 1991 and 1995. It was last sold for £125,000 in November 2013, which was around 27% below the average November 2013 detached price in the Erewash local authority area. The most recent EPC inspection was April 2023, where the current energy rating was D, and the potential energy rating was B.

2B NURSERY CLOSE Sold Prices

Land registry data shows two sales for 2B NURSERY 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 2B NURSERY 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
2013 22 NOV	£125,000	£171,664	27% below HPI
2001 8 FEB	£67,950	£81,067	16% below HPI

2B NURSERY 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 2B NURSERY CLOSE sales from February 2001 and November 2013 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 2001 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the November 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is 2B NURSERY CLOSE?

2B NURSERY CLOSE is 60m² according to the EPC inspection conducted in April 2023. 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 2B NURSERY CLOSE lies on this distribution: 4% of detached houses are smaller than 2B NURSERY CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

2B NURSERY CLOSE: Plot and Title Map

2B NURSERY CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 2B NURSERY 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 2B NURSERY 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 2B NURSERY CLOSE?

2B NURSERY CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 2B on NURSERY CLOSE.