32, CLEVELAND AVENUE, DRAYCOTT, DERBY, DE72 3NR - £390,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

32 CLEVELAND AVENUE is a small detached house of 90m², built sometime before 1900, which could now be worth an estimated £399,255. It was last sold for £390,000 in September 2022, which was around 25% above the average September 2022 detached price in the Erewash local authority area. The most recent EPC inspection was August 2022, where the current energy rating was D, and the potential energy rating was B.

32 CLEVELAND AVENUE Sold Prices

Land registry data shows three sales for 32 CLEVELAND AVENUE 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. Two of the three 32 CLEVELAND AVENUE sales were for above the average price, whilst one was 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
2022 28 SEP	£390,000	£311,608	25% above HPI
2012 26 OCT	£220,000	£176,915	24% above HPI
1998 11 DEC	£56,000	£71,637	22% below HPI

32 CLEVELAND AVENUE 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 32 CLEVELAND AVENUE sales between December 1998 and September 2022 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 October 2012 sale was for 24% above the HPI. So the extrapolation line tracks at 24% above the HPI over time, until the September 2022 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 32 CLEVELAND AVENUE be worth now?

32 CLEVELAND AVENUE might now be worth an estimated £399,255.

This is based on house price inflation of 2.4%, between September 2022 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.4% inflationary increase is applied to the most recent sale price for 32 CLEVELAND AVENUE of £390,000 on 28th September 2022. For the value to have increased from £390,000 to £399,255 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 32 CLEVELAND AVENUE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2022 sale price of £390,000 represented a fair market value for the property.
• The size, condition, and specification of 32 CLEVELAND AVENUE has not materially changed since September 2022.

How Large is 32 CLEVELAND AVENUE?

32 CLEVELAND AVENUE is 90m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 30% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where 32 CLEVELAND AVENUE lies on this distribution: 28% of detached houses houses are smaller than 32 CLEVELAND AVENUE, and 70% of houses are larger. Note that EPC data is not available for all properties in Draycott.

32 CLEVELAND AVENUE: Plot and Title Map

32 CLEVELAND AVENUE sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 32 CLEVELAND AVENUE, 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 32 CLEVELAND AVENUE). 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 32 CLEVELAND AVENUE?

32 CLEVELAND AVENUE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 32 on CLEVELAND AVENUE.