5, WEAVERS CLOSE, BORROWASH, DERBY, DE72 3YB - £267,000

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 WEAVERS CLOSE is a large detached house of 132m², built sometime between 1996 and 2002, which could now be worth an estimated £341,571. It was last sold for £267,000 in March 2020, which was around 7% above the average March 2020 detached price in the Erewash local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

5 WEAVERS CLOSE Sold Prices

Land registry data shows two sales for 5 WEAVERS CLOSE 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. One of the two 5 WEAVERS CLOSE sales was for above the average price, whilst the other was 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 20 MAR	£267,000	£249,359	7% above HPI
2011 29 NOV	£167,500	£174,317	4% below HPI

5 WEAVERS 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 two 5 WEAVERS CLOSE sales from November 2011 and March 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 November 2011 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 5 WEAVERS CLOSE be worth now?

5 WEAVERS CLOSE might now be worth an estimated £341,571.

This is based on house price inflation of 27.9%, between March 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 27.9% inflationary increase is applied to the most recent sale price for 5 WEAVERS CLOSE of £267,000 on 20th March 2020. For the value to have increased from £267,000 to £341,571 over the five years and one month to February 2025, the following assumptions must hold true:

• The value of 5 WEAVERS CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2020 sale price of £267,000 represented a fair market value for the property.
• The size, condition, and specification of 5 WEAVERS CLOSE has not materially changed since March 2020.

How Large is 5 WEAVERS CLOSE?

5 WEAVERS CLOSE is 132m² according to the EPC inspection conducted in June 2019. This puts it in the largest 30% 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 WEAVERS CLOSE lies on this distribution: 75% of detached houses houses are smaller than 5 WEAVERS CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

5 WEAVERS CLOSE: Plot and Title Map

5 WEAVERS CLOSE sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 5 WEAVERS 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 WEAVERS 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 WEAVERS CLOSE?

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