4, WEYACRES, BORROWASH, DERBY, DE72 3QT - £175,000

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.

4 WEYACRES is a small detached house of 89m², built sometime between 1991 and 1995, which could now be worth an estimated £315,914. It was last sold for £175,000 in September 2013, which was around 1% below the average September 2013 detached price in the Erewash local authority area. The most recent EPC inspection was February 2013, where the current energy rating was D, and the potential energy rating was B.

4 WEYACRES Sold Prices

Land registry data shows three sales for 4 WEYACRES 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. One of the three 4 WEYACRES sales was for below the average price, whilst two 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 6 SEP	£175,000	£176,711	1% below HPI
2006 7 JUL	£191,000	£182,067	5% above HPI
1999 10 DEC	£94,500	£73,489	29% above HPI

4 WEYACRES 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 4 WEYACRES sales between December 1999 and September 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 July 2006 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the September 2013 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 4 WEYACRES be worth now?

4 WEYACRES might now be worth an estimated £315,914.

This is based on house price inflation of 80.5%, between September 2013 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 80.5% inflationary increase is applied to the most recent sale price for 4 WEYACRES of £175,000 on 6th September 2013. For the value to have increased from £175,000 to £315,914 over the twelve years and seven months to February 2025, the following assumptions must hold true:

• The value of 4 WEYACRES has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2013 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 4 WEYACRES has not materially changed since September 2013.

How Large is 4 WEYACRES?

4 WEYACRES is 89m² according to the EPC inspection conducted in February 2013. This puts it in the smallest 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 WEYACRES lies on this distribution: 33% of detached houses houses are smaller than 4 WEYACRES, and 66% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

4 WEYACRES: Plot and Title Map

4 WEYACRES sits on a plot of roughly 0.074 of an acre, or 298m². The below map shows the location of 4 WEYACRES, 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 WEYACRES). 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 WEYACRES?

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