6, MEAR DRIVE, BORROWASH, DERBY, DE72 3QW - £280,000

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 MEAR DRIVE is a large detached house of 115m², built sometime between 1996 and 2002. It was last sold for £280,000 in August 2018, which was around 19% above the average August 2018 detached price in the Erewash local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

6 MEAR DRIVE Sold Prices

Land registry data shows three sales for 6 MEAR DRIVE 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 MEAR DRIVE 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
2018 17 AUG	£280,000	£236,023	19% above HPI
2015 6 FEB	£230,000	£190,644	21% above HPI
1995 29 JUN	£92,950	£60,055	55% above HPI

6 MEAR 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 three 6 MEAR DRIVE sales between June 1995 and August 2018 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 February 2015 sale was for 21% above the HPI. So the extrapolation line tracks at 21% above the HPI over time, until the August 2018 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

How Large is 6 MEAR DRIVE?

6 MEAR DRIVE is 115m² according to the EPC inspection conducted in October 2008. 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 MEAR DRIVE lies on this distribution: 60% of detached houses are smaller than 6 MEAR DRIVE, and 40% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

6 MEAR DRIVE: Plot and Title Map

6 MEAR DRIVE sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 6 MEAR 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 6 MEAR 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 6 MEAR DRIVE?

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