55, DEANS DRIVE, BORROWASH, DERBY, DE72 3HQ - £172,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

55 DEANS DRIVE is a very small detached house of 74m², built sometime between 1950 and 1966, which could now be worth an estimated £294,171. It was last sold for £172,000 in May 2014, which was around 9% below the average May 2014 detached price in the Erewash local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

55 DEANS DRIVE Sold Prices

Land registry data shows two sales for 55 DEANS DRIVE 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 55 DEANS DRIVE 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
2014 30 MAY	£172,000	£188,541	9% below HPI
2011 9 JUN	£140,000	£170,247	18% below HPI

55 DEANS DRIVE 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 55 DEANS DRIVE sales from June 2011 and May 2014 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 June 2011 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2014 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 55 DEANS DRIVE be worth now?

55 DEANS DRIVE might now be worth an estimated £294,171.

This is based on house price inflation of 71%, between May 2014 and December 2024, 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 71% inflationary increase is applied to the most recent sale price for 55 DEANS DRIVE of £172,000 on 30th May 2014. For the value to have increased from £172,000 to £294,171 over the nine years and five months to December 2024, the following assumptions must hold true:

• The value of 55 DEANS DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2014 sale price of £172,000 represented a fair market value for the property.
• The size, condition, and specification of 55 DEANS DRIVE has not materially changed since May 2014.

How Large is 55 DEANS DRIVE?

55 DEANS DRIVE is 74m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% 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 55 DEANS DRIVE lies on this distribution: 11% of detached houses houses are smaller than 55 DEANS DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

55 DEANS DRIVE: Plot and Title Map

55 DEANS DRIVE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 55 DEANS DRIVE, 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 55 DEANS DRIVE). 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 55 DEANS DRIVE?

55 DEANS DRIVE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 55 on DEANS DRIVE.