6, LACE MAKERS CLOSE, BORROWASH, DERBY, DE72 3WR - £430,000

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 LACE MAKERS CLOSE is a large detached house of 123m², built sometime from 2007 onwards. It was last sold for £430,000 in February 2023, which was around 36% above the average February 2023 detached price in the Erewash local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

6 LACE MAKERS CLOSE Sold Prices

Land registry data shows three sales for 6 LACE MAKERS CLOSE since 1^st 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. All of the three 6 LACE MAKERS 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
2023 8 FEB	£430,000	£316,100	36% above HPI
2013 25 APR	£248,000	£166,588	49% above HPI
2007 29 JUN	£288,595	£181,255	59% above HPI

6 LACE MAKERS 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 three 6 LACE MAKERS CLOSE sales between June 2007 and February 2023 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 2013 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the February 2023 sale, where it falls to 36% above the HPI. The line then continues to track at 36% above the HPI.

How Large is 6 LACE MAKERS CLOSE?

6 LACE MAKERS CLOSE is 123m² according to the EPC inspection conducted in January 2013. 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 LACE MAKERS CLOSE lies on this distribution: 67% of detached houses are smaller than 6 LACE MAKERS CLOSE, and 32% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

6 LACE MAKERS CLOSE: Plot and Title Map

6 LACE MAKERS CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 6 LACE MAKERS 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 LACE MAKERS 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 LACE MAKERS CLOSE?

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