66, PARES WAY, OCKBROOK, DERBY, DE72 3TL - £625,000

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

66 PARES WAY is a very large detached house of 160m², built sometime between 1967 and 1975. It was last sold for £625,000 in October 2023, which was around 101% above the average October 2023 detached price in the Erewash local authority area. The most recent EPC inspection was December 2013, where the current energy rating was D, and the potential energy rating was C.

66 PARES WAY Sold Prices

Land registry data shows five sales for 66 PARES WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the five 66 PARES WAY 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 6 OCT	£625,000	£310,991	101% above HPI
2022 4 MAR	£620,000	£288,895	115% above HPI
2021 20 APR	£610,000	£265,845	129% above HPI
2007 20 FEB	£387,000	£186,936	107% above HPI
2004 8 MAR	£260,000	£154,442	68% above HPI

66 PARES WAY 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 five 66 PARES WAY sales between March 2004 and October 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 March 2022 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the October 2023 sale, where it falls to 101% above the HPI. The line then continues to track at 101% above the HPI.

How Large is 66 PARES WAY?

66 PARES WAY is 160m² according to the EPC inspection conducted in December 2013. This puts it in the largest 20% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 66 PARES WAY lies on this distribution: 85% of detached houses are smaller than 66 PARES WAY, and 15% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

66 PARES WAY: Plot and Title Map

66 PARES WAY sits on a plot of roughly 0.195 of an acre, or 790m². The below map shows the location of 66 PARES WAY, 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 66 PARES WAY). 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 66 PARES WAY?

66 PARES WAY is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 66 on PARES WAY.