3, FOSSE CLOSE, BORROWASH, DERBY, DE72 3NN - £188,000

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

3 FOSSE CLOSE is a small extended detached house of 92m², built sometime between 1996 and 2002. It was last sold for £188,000 in July 2014, which was about the average July 2014 detached price in the Erewash local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

3 FOSSE CLOSE Sold Prices

Land registry data shows three sales for 3 FOSSE CLOSE 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. The three 3 FOSSE CLOSE sales were a mix of roughly equal to the average price, and 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
2014 15 JUL	£188,000	£187,829	Close to HPI
2002 26 APR	£130,000	£98,000	33% above HPI
1998 12 JUN	£84,950	£69,096	23% above HPI

3 FOSSE 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 three 3 FOSSE CLOSE sales between June 1998 and July 2014 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 April 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the July 2014 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

How Large is 3 FOSSE CLOSE?

3 FOSSE CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in April 2014. 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 3 FOSSE CLOSE lies on this distribution: 37% of detached houses are smaller than 3 FOSSE CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

3 FOSSE CLOSE: Plot and Title Map

3 FOSSE CLOSE sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 3 FOSSE 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 3 FOSSE 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 3 FOSSE CLOSE?

3 FOSSE CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 3 on FOSSE CLOSE.