51, NOTTINGHAM ROAD, BORROWASH, DERBY, DE72 3FL - £290,000

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

51 NOTTINGHAM ROAD is a very small extended detached house of 78m², built sometime between 1967 and 1975. It was last sold for £290,000 in May 2022, which was around 2% below the average May 2022 detached price in the Erewash local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

51 NOTTINGHAM ROAD Sold Prices

Land registry data shows four sales for 51 NOTTINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Most of the four 51 NOTTINGHAM 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
2022 6 MAY	£290,000	£296,775	2% below HPI
2017 27 SEP	£205,000	£225,645	9% below HPI
2008 7 JAN	£195,000	£188,122	4% above HPI
1996 13 DEC	£55,000	£61,939	11% below HPI

51 NOTTINGHAM 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 four 51 NOTTINGHAM ROAD sales between December 1996 and May 2022 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 September 2017 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the May 2022 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 51 NOTTINGHAM ROAD?

51 NOTTINGHAM ROAD is 78m², which includes two extensions, according to the EPC inspection conducted in October 2016. 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 51 NOTTINGHAM ROAD lies on this distribution: 15% of detached houses are smaller than 51 NOTTINGHAM ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

51 NOTTINGHAM ROAD: Plot and Title Map

51 NOTTINGHAM ROAD sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 51 NOTTINGHAM 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 51 NOTTINGHAM 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 51 NOTTINGHAM ROAD?

51 NOTTINGHAM ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 51 on NOTTINGHAM ROAD.