41, DERBY ROAD, BORROWASH, DERBY, DE72 3HA - £265,000

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

41 DERBY ROAD is a very small extended detached house of 74m², built sometime between 1950 and 1966. It was last sold for £265,000 in July 2024, which was around 13% below the average July 2024 detached price in the Erewash local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

41 DERBY ROAD Sold Prices

Land registry data shows two sales for 41 DERBY ROAD 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 41 DERBY 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
2024 19 JUL	£265,000	£305,272	13% below HPI
2000 31 OCT	£61,100	£82,336	26% below HPI

41 DERBY 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 two 41 DERBY ROAD sales from October 2000 and July 2024 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 2000 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the July 2024 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 41 DERBY ROAD?

41 DERBY ROAD is 74m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 41 DERBY ROAD lies on this distribution: 11% of detached houses are smaller than 41 DERBY ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

41 DERBY ROAD: Plot and Title Map

41 DERBY ROAD sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 41 DERBY 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 41 DERBY 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 41 DERBY ROAD?

41 DERBY ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 41 on DERBY ROAD.