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
56 BROOK ROAD is a very small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £152,500 in November 2011, which was around 10% below the average November 2011 detached price in the Erewash local authority area. The most recent EPC inspection was November 2011, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 56 BROOK ROAD since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. One of the three 56 BROOK ROAD sales was for below the average price, whilst two 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 |
---|---|---|---|
2011 11 NOV | £152,500 | £169,082 | 10% below HPI |
2002 29 APR | £127,000 | £98,000 | 30% above HPI |
1998 31 JUL | £71,950 | £68,879 | 4% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 56 BROOK ROAD sales between July 1998 and November 2011 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 April 2002 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the November 2011 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.
56 BROOK ROAD is 78m² according to the EPC inspection conducted in November 2011. 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 56 BROOK ROAD lies on this distribution: 15% of detached houses are smaller than 56 BROOK ROAD, and 85% of houses are larger. Note that EPC data is not available for all properties in Borrowash.
56 BROOK ROAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 56 BROOK 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 56 BROOK 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.
56 BROOK ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 56 on BROOK ROAD.