5, BRADBURY CLOSE, BORROWASH, DERBY, DE72 3GY - £215,000

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.

5 BRADBURY CLOSE is a very small detached house of 52m², built sometime between 1950 and 1966, which could now be worth an estimated £270,525. It was last sold for £215,000 in May 2020, which was around 15% below the average May 2020 detached price in the Erewash local authority area. The most recent EPC inspection was February 2020, where the current energy rating was A, and the potential energy rating was A.

5 BRADBURY CLOSE Sold Prices

Land registry data shows three sales for 5 BRADBURY CLOSE 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. All of the three 5 BRADBURY CLOSE 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
2020 15 MAY	£215,000	£253,528	15% below HPI
2009 3 JUL	£123,000	£168,114	27% below HPI
2002 24 MAY	£77,000	£105,498	27% below HPI

5 BRADBURY CLOSE 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 5 BRADBURY CLOSE sales between May 2002 and May 2020 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 2009 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the May 2020 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 5 BRADBURY CLOSE be worth now?

5 BRADBURY CLOSE might now be worth an estimated £270,525.

This is based on house price inflation of 25.8%, between May 2020 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 25.8% inflationary increase is applied to the most recent sale price for 5 BRADBURY CLOSE of £215,000 on 15th May 2020. For the value to have increased from £215,000 to £270,525 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 5 BRADBURY CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2020 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BRADBURY CLOSE has not materially changed since May 2020.

How Large is 5 BRADBURY CLOSE?

5 BRADBURY CLOSE is 52m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% 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 5 BRADBURY CLOSE lies on this distribution: 1% of detached houses houses are smaller than 5 BRADBURY CLOSE, and 99% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

5 BRADBURY CLOSE: Plot and Title Map

5 BRADBURY CLOSE sits on a plot of roughly 0.052 of an acre, or 210m². The below map shows the location of 5 BRADBURY 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 BRADBURY 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.

Where is 5 BRADBURY CLOSE?

5 BRADBURY CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 5 on BRADBURY CLOSE.