5, WEYACRES, BORROWASH, DERBY, DE72 3QT - £228,000

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

5 WEYACRES is a midsized extended detached house of 114m², built sometime between 1991 and 1995. It was last sold for £228,000 in June 2007, which was around 26% above the average June 2007 detached price in the Erewash local authority area. The most recent EPC inspection was May 2023, where the current energy rating was C, and the potential energy rating was B.

5 WEYACRES Sold Prices

Land registry data shows two sales for 5 WEYACRES 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 5 WEYACRES sales 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
2007 8 JUN	£228,000	£181,255	26% above HPI
2004 13 DEC	£190,000	£172,160	10% above HPI

5 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 two 5 WEYACRES sales from December 2004 and June 2007 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 December 2004 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the June 2007 sale, where it rises to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 5 WEYACRES?

5 WEYACRES is 114m², which includes one extension, according to the EPC inspection conducted in May 2023. This puts it in the largest 40% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 5 WEYACRES lies on this distribution: 60% of detached houses are smaller than 5 WEYACRES, and 40% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

5 WEYACRES: Plot and Title Map

5 WEYACRES sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 5 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 5 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 5 WEYACRES?

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