54, DERBY ROAD, BORROWASH, DERBY, DE72 3HA - £366,000

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

54 DERBY ROAD is a large detached house of 123m², built sometime between 1967 and 1975. It was last sold for £366,000 in January 2022, which was around 27% above the average January 2022 detached price in the Erewash local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

54 DERBY ROAD Sold Prices

Land registry data shows four sales for 54 DERBY 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. All of the four 54 DERBY ROAD 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
2022 27 JAN	£366,000	£289,257	27% above HPI
2015 25 NOV	£267,000	£204,641	30% above HPI
2015 30 SEP	£265,000	£206,175	29% above HPI
2013 18 OCT	£190,000	£173,056	10% above HPI

54 DERBY 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 54 DERBY ROAD sales between October 2013 and January 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 November 2015 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the January 2022 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 54 DERBY ROAD?

54 DERBY ROAD is 123m² according to the EPC inspection conducted in June 2015. 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 54 DERBY ROAD lies on this distribution: 67% of detached houses are smaller than 54 DERBY ROAD, and 32% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

54 DERBY ROAD: Plot and Title Map

54 DERBY ROAD sits on a plot of roughly 0.211 of an acre, or 854m². The below map shows the location of 54 DERBY 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 54 DERBY 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 54 DERBY ROAD?

54 DERBY ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 54 on DERBY ROAD.