38, DRAYCOTT ROAD, BORROWASH, DERBY, DE72 3GG - £167,500

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

38 DRAYCOTT ROAD is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £167,500 in November 2019, which was around 30% below the average November 2019 detached price in the Erewash local authority area. The most recent EPC inspection was November 2018, where the current energy rating was D, and the potential energy rating was B.

38 DRAYCOTT ROAD Sold Prices

Land registry data shows three sales for 38 DRAYCOTT ROAD 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 38 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
2019 4 NOV	£167,500	£238,490	30% below HPI
2002 26 APR	£38,000	£98,000	61% below HPI
2000 22 MAY	£75,000	£76,977	3% below HPI

38 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 three 38 DRAYCOTT ROAD sales between May 2000 and November 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 April 2002 sale was for 61% below the HPI. So the extrapolation line tracks at 61% below the HPI over time, until the November 2019 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 38 DRAYCOTT ROAD?

38 DRAYCOTT ROAD is 66m² according to the EPC inspection conducted in November 2018. 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 38 DRAYCOTT ROAD lies on this distribution: 7% of detached houses are smaller than 38 DRAYCOTT ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

38 DRAYCOTT ROAD: Plot and Title Map

38 DRAYCOTT ROAD sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 38 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 38 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 38 DRAYCOTT ROAD?

38 DRAYCOTT ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 38 on DRAYCOTT ROAD.