8, BELMONT DRIVE, BORROWASH, DERBY, DE72 3GW - £250,000

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

8 BELMONT DRIVE is a large detached house of 137m², built sometime between 1950 and 1966. It was last sold for £250,000 in July 2020, which was around 1% above the average July 2020 detached price in the Erewash local authority area. The most recent EPC inspection was March 2015, where the current energy rating was D, and the potential energy rating was C.

8 BELMONT DRIVE Sold Prices

Land registry data shows two sales for 8 BELMONT DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 8 BELMONT 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
2020 31 JUL	£250,000	£246,465	1% above HPI
2001 19 OCT	£120,000	£92,474	30% above HPI

8 BELMONT 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 two 8 BELMONT DRIVE sales from October 2001 and July 2020 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 October 2001 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the July 2020 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

How Large is 8 BELMONT DRIVE?

8 BELMONT DRIVE is 137m² according to the EPC inspection conducted in March 2015. This puts it in the largest 30% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 8 BELMONT DRIVE lies on this distribution: 79% of detached houses are smaller than 8 BELMONT DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8 BELMONT DRIVE: Plot and Title Map

8 BELMONT DRIVE sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 8 BELMONT 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 8 BELMONT 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 8 BELMONT DRIVE?

8 BELMONT DRIVE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 8 on BELMONT DRIVE.