59, DERBY ROAD, BORROWASH, DERBY, DE72 3HA - £275,000

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

59 DERBY ROAD is a very small detached house of 50m², built sometime between 1930 and 1949. It was last sold for £275,000 in December 2022, which was around 11% below the average December 2022 detached price in the Erewash local authority area. The most recent EPC inspection was September 2023, where the current energy rating was D, and the potential energy rating was C.

59 DERBY ROAD Sold Prices

Land registry data shows two sales for 59 DERBY ROAD 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 59 DERBY 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 20 DEC	£275,000	£308,873	11% below HPI
2007 9 MAR	£140,000	£184,562	24% below HPI

59 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 two 59 DERBY ROAD sales from March 2007 and December 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 March 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2022 sale, where it rises to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 59 DERBY ROAD?

59 DERBY ROAD is 50m² according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 59 DERBY ROAD lies on this distribution: 1% of detached houses are smaller than 59 DERBY ROAD, and 99% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

59 DERBY ROAD: Plot and Title Map

59 DERBY ROAD sits on a plot of roughly 0.083 of an acre, or 337m². The below map shows the location of 59 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 59 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 59 DERBY ROAD?

59 DERBY ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 59 on DERBY ROAD.