38, FIELD CLOSE, BORROWASH, DERBY, DE72 3HJ - £252,600

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 FIELD CLOSE is a small detached house of 83m², built sometime between 1967 and 1975. It was last sold for £252,600 in November 2023, which was around 17% below the average November 2023 detached price in the Erewash local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was B.

38 FIELD CLOSE Sold Prices

Land registry data shows three sales for 38 FIELD 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. Two of the three 38 FIELD CLOSE sales were for below the average price, whilst one was 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
2023 23 NOV	£252,600	£305,774	17% below HPI
2023 17 FEB	£389,950	£316,100	23% above HPI
2020 26 JUN	£180,000	£248,996	28% below HPI

38 FIELD 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 38 FIELD CLOSE sales between June 2020 and November 2023 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 2023 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the November 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 38 FIELD CLOSE?

38 FIELD CLOSE is 83m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% 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 FIELD CLOSE lies on this distribution: 25% of detached houses are smaller than 38 FIELD CLOSE, and 75% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

38 FIELD CLOSE: Plot and Title Map

38 FIELD CLOSE sits on a plot of roughly 0.104 of an acre, or 422m². The below map shows the location of 38 FIELD 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 38 FIELD 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 38 FIELD CLOSE?

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