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
5 BARKER CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982. It was last sold for £275,000 in April 2023, which was around 12% below the average April 2023 detached price in the Erewash local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows three sales for 5 BARKER CLOSE since 1st 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 5 BARKER 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 12 APR | £275,000 | £311,707 | 12% below HPI |
2015 22 JUL | £160,000 | £202,753 | 21% below HPI |
2001 17 DEC | £100,000 | £94,126 | 6% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 5 BARKER CLOSE sales between December 2001 and April 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 July 2015 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
5 BARKER CLOSE is 73m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses in Stanley Common, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley Common, and where 5 BARKER CLOSE lies on this distribution: 7% of detached houses are smaller than 5 BARKER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.
5 BARKER CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 5 BARKER 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 5 BARKER 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.
5 BARKER CLOSE is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 5 on BARKER CLOSE.