Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
7 BROOK ROAD is a very large extended detached house of 146m², built sometime between 1950 and 1966. It was last sold for £309,270 in February 2016, which was around 50% above the average February 2016 detached price in the Erewash local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 7 BROOK ROAD since 1st 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 7 BROOK ROAD 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 |
---|---|---|---|
2016 12 FEB | £309,270 | £205,513 | 50% above HPI |
2009 19 JUN | £249,999 | £162,539 | 54% above HPI |
1996 4 JUL | £120,000 | £60,447 | 99% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 7 BROOK ROAD sales between July 1996 and February 2016 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 June 2009 sale was for 54% above the HPI. So the extrapolation line tracks at 54% above the HPI over time, until the February 2016 sale, where it falls to 50% above the HPI. The line then continues to track at 50% above the HPI.
7 BROOK ROAD is 146m², which includes one extension, according to the EPC inspection conducted in March 2009. This puts it in the largest 20% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 7 BROOK ROAD lies on this distribution: 83% of detached houses are smaller than 7 BROOK ROAD, and 17% of houses are larger. Note that EPC data is not available for all properties in Borrowash.
7 BROOK ROAD sits on a plot of roughly 0.103 of an acre, or 417m². The below map shows the location of 7 BROOK ROAD, 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 7 BROOK ROAD). 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.
7 BROOK ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 7 on BROOK ROAD.