38, STATION ROAD, BORROWASH, DERBY, DE72 3LH - £342,000

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

38 STATION ROAD is a very large extended detached house of 177m², built sometime between 1900 and 1929. It was last sold for £342,000 in March 2013, which was around 107% above the average March 2013 detached price in the Erewash local authority area. The most recent EPC inspection was September 2011, where the current energy rating was E, and the potential energy rating was E.

38 STATION ROAD Sold Prices

Land registry data shows six sales for 38 STATION ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the six 38 STATION ROAD 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
2013 8 MAR	£342,000	£165,317	107% above HPI
2012 17 FEB	£349,950	£168,783	107% above HPI
2007 7 DEC	£410,000	£189,193	117% above HPI
2002 11 SEP	£247,000	£117,601	110% above HPI
1999 30 SEP	£156,500	£72,270	117% above HPI
1996 22 AUG	£121,000	£61,878	96% above HPI

38 STATION 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 six 38 STATION ROAD sales between August 1996 and March 2013 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 2012 sale was for 107% above the HPI. So the extrapolation line tracks at 107% above the HPI over time, until the March 2013 sale, which was also at 107% above the HPI.

How Large is 38 STATION ROAD?

38 STATION ROAD is 177m², which includes one extension, according to the EPC inspection conducted in September 2011. This puts it in the largest 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 STATION ROAD lies on this distribution: 91% of detached houses are smaller than 38 STATION ROAD, and 9% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

38 STATION ROAD: Plot and Title Map

38 STATION ROAD sits on a plot of roughly 0.195 of an acre, or 788m². The below map shows the location of 38 STATION 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 STATION 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 STATION ROAD?

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