6, FIELD CLOSE, BORROWASH, DERBY, DE72 3HJ - £230,000

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

6 FIELD CLOSE is a large detached house of 120m², built sometime between 1900 and 1929. It was last sold for £230,000 in September 2008, which was around 29% above the average September 2008 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 B.

6 FIELD CLOSE Sold Prices

Land registry data shows two sales for 6 FIELD CLOSE 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 6 FIELD CLOSE 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
2008 16 SEP	£230,000	£178,414	29% above HPI
1996 8 AUG	£130,000	£61,878	110% above HPI

6 FIELD CLOSE 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 6 FIELD CLOSE sales from August 1996 and September 2008 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 August 1996 sale was for 110% above the HPI. So the extrapolation line tracks at 110% above the HPI over time, until the September 2008 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 6 FIELD CLOSE?

6 FIELD CLOSE is 120m² according to the EPC inspection conducted in September 2023. 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 6 FIELD CLOSE lies on this distribution: 65% of detached houses are smaller than 6 FIELD CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

6 FIELD CLOSE: Plot and Title Map

6 FIELD CLOSE sits on a plot of roughly 1.4 acres, or 5,754m². The below map shows the location of 6 FIELD CLOSE, 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 6 FIELD CLOSE). 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 6 FIELD CLOSE?

6 FIELD CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 6 on FIELD CLOSE.