4, ROMAN WAY, BORROWASH, DERBY, DE72 3LX - £240,100

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 ROMAN WAY is a large extended detached house of 121m², built sometime between 1996 and 2002, which could now be worth an estimated £433,951. It was last sold for £240,100 in October 2013, which was around 35% above the average October 2013 detached price in the Erewash local authority area. The most recent EPC inspection was June 2012, where the current energy rating was D, and the potential energy rating was C.

4 ROMAN WAY Sold Prices

Land registry data shows two sales for 4 ROMAN WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 4 ROMAN WAY 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 23 OCT	£240,100	£178,414	35% above HPI
1998 30 OCT	£114,500	£70,327	63% above HPI

4 ROMAN WAY 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 two 4 ROMAN WAY sales from October 1998 and October 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 October 1998 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the October 2013 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

What might 4 ROMAN WAY be worth now?

4 ROMAN WAY might now be worth an estimated £433,951.

This is based on house price inflation of 80.7%, between October 2013 and December 2024, 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 80.7% inflationary increase is applied to the most recent sale price for 4 ROMAN WAY of £240,100 on 23rd October 2013. For the value to have increased from £240,100 to £433,951 over the ten years and ten months to December 2024, the following assumptions must hold true:

• The value of 4 ROMAN WAY has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2013 sale price of £240,100 represented a fair market value for the property.
• The size, condition, and specification of 4 ROMAN WAY has not materially changed since October 2013.

How Large is 4 ROMAN WAY?

4 ROMAN WAY is 121m², which includes one extension, according to the EPC inspection conducted in June 2012. This puts it in the largest 40% of detached houses houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borrowash, and where 4 ROMAN WAY lies on this distribution: 65% of detached houses houses are smaller than 4 ROMAN WAY, and 34% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

4 ROMAN WAY: Plot and Title Map

4 ROMAN WAY sits on a plot of roughly 0.125 of an acre, or 505m². The below map shows the location of 4 ROMAN WAY, 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 4 ROMAN WAY). 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 4 ROMAN WAY?

4 ROMAN WAY is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 4 on ROMAN WAY.