3, WEYACRES, BORROWASH, DERBY, DE72 3QT - £412,500

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

3 WEYACRES is a very large detached house of 159m², built sometime between 1976 and 1982. It was last sold for £412,500 in December 2019, which was around 73% above the average December 2019 detached price in the Erewash local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

3 WEYACRES Sold Prices

Land registry data shows three sales for 3 WEYACRES 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. All of the three 3 WEYACRES 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
2019 16 DEC	£412,500	£237,754	73% above HPI
2005 14 NOV	£295,000	£173,307	70% above HPI
1998 29 MAY	£128,000	£68,372	87% above HPI

3 WEYACRES 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 WEYACRES sales between May 1998 and December 2019 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 November 2005 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the December 2019 sale, where it rises to 73% above the HPI. The line then continues to track at 73% above the HPI.

How Large is 3 WEYACRES?

3 WEYACRES is 159m² according to the EPC inspection conducted in September 2019. 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 3 WEYACRES lies on this distribution: 87% of detached houses are smaller than 3 WEYACRES, and 13% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

3 WEYACRES: Plot and Title Map

3 WEYACRES sits on a plot of roughly 0.154 of an acre, or 623m². The below map shows the location of 3 WEYACRES, 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 WEYACRES). 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 WEYACRES?

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