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

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

66 PARES WAY is a very large detached house of 160m², built sometime between 1967 and 1975, which could now be worth an estimated £622,819. It was last sold for £625,000 in October 2023, which was around 95% 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	£320,120	95% above HPI
2022 4 MAR	£620,000	£297,840	108% above HPI
2021 20 APR	£610,000	£274,076	123% above HPI
2007 20 FEB	£387,000	£192,724	101% above HPI
2004 8 MAR	£260,000	£159,224	63% 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 108% above the HPI. So the extrapolation line tracks at 108% above the HPI over time, until the October 2023 sale, where it falls to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might 66 PARES WAY be worth now?

66 PARES WAY might now be worth an estimated £622,819.

This is based on house price deflation of 0.3%, between October 2023 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 0.3% deflationary decrease is applied to the most recent sale price for 66 PARES WAY of £625,000 on 6th October 2023. For the value to have decreased from £625,000 to £622,819 over the two years and eight months to February 2025, the following assumptions must hold true:

• The value of 66 PARES WAY has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2023 sale price of £625,000 represented a fair market value for the property.
• The size, condition, and specification of 66 PARES WAY has not materially changed since October 2023.

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 houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ockbrook, and where 66 PARES WAY lies on this distribution: 85% of detached houses 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.