8, LIME GROVE, DRAYCOTT, DERBY, DE72 3NS - £470,000

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 LIME GROVE is a small extended detached house of 93m², built sometime between 1950 and 1966. It was last sold for £470,000 in February 2023, which was around 49% above the average February 2023 detached price in the Erewash local authority area. The most recent EPC inspection was March 2014, where the current energy rating was E, and the potential energy rating was B.

8 LIME GROVE Sold Prices

Land registry data shows two sales for 8 LIME GROVE 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 LIME GROVE 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 15 FEB	£470,000	£316,100	49% above HPI
2014 23 MAY	£225,000	£182,878	23% above HPI

8 LIME GROVE 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 LIME GROVE sales from May 2014 and February 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 May 2014 sale was for 23% above the HPI. So the extrapolation line tracks at 23% above the HPI over time, until the February 2023 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

How Large is 8 LIME GROVE?

8 LIME GROVE is 93m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 40% of detached houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses by size in Draycott, and where 8 LIME GROVE lies on this distribution: 35% of detached houses are smaller than 8 LIME GROVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Draycott.

8 LIME GROVE: Plot and Title Map

8 LIME GROVE sits on a plot of roughly 0.137 of an acre, or 556m². The below map shows the location of 8 LIME GROVE, 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 LIME GROVE). 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 LIME GROVE?

8 LIME GROVE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 8 on LIME GROVE.