8, BORROWFIELD, BORROWASH, DERBY, DE72 3LB - £290,000

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.

8 BORROWFIELD is a small detached house of 81m², built sometime between 1950 and 1966, which could now be worth an estimated £291,535. It was last sold for £290,000 in September 2024, which was around 9% below the average September 2024 detached price in the Erewash local authority area. The most recent EPC inspection was February 2018, where the current energy rating was E, and the potential energy rating was C.

8 BORROWFIELD Sold Prices

Land registry data shows two sales for 8 BORROWFIELD 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 BORROWFIELD sales were for below 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
2024 27 SEP	£290,000	£317,323	9% below HPI
2018 25 MAY	£190,000	£234,444	19% below HPI

8 BORROWFIELD 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 BORROWFIELD sales from May 2018 and September 2024 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 May 2018 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2024 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 8 BORROWFIELD be worth now?

8 BORROWFIELD might now be worth an estimated £291,535.

This is based on house price inflation of 0.5%, between September 2024 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 0.5% inflationary increase is applied to the most recent sale price for 8 BORROWFIELD of £290,000 on 27th September 2024. For the value to have increased from £290,000 to £291,535 over the one year and seven months to February 2025, the following assumptions must hold true:

• The value of 8 BORROWFIELD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BORROWFIELD has not materially changed since September 2024.

How Large is 8 BORROWFIELD?

8 BORROWFIELD is 81m² according to the EPC inspection conducted in February 2018. This puts it in the smallest 30% of detached houses houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borrowash, and where 8 BORROWFIELD lies on this distribution: 22% of detached houses houses are smaller than 8 BORROWFIELD, and 78% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8 BORROWFIELD: Plot and Title Map

8 BORROWFIELD sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 8 BORROWFIELD, 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 BORROWFIELD). 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 BORROWFIELD?

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