8, NURSERY CLOSE, BORROWASH, DERBY, DE72 3HT - £130,000

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 NURSERY CLOSE is a very small detached house of 64m², built sometime between 1991 and 1995, which could now be worth an estimated £233,962. It was last sold for £130,000 in August 2013, which was around 27% below the average August 2013 detached price in the Erewash local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

8 NURSERY CLOSE Sold Prices

Land registry data shows two sales for 8 NURSERY CLOSE 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 NURSERY CLOSE 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
2013 2 AUG	£130,000	£177,253	27% below HPI
2003 28 MAR	£120,000	£135,769	12% below HPI

8 NURSERY CLOSE 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 NURSERY CLOSE sales from March 2003 and August 2013 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 2003 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2013 sale, where it falls to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 8 NURSERY CLOSE be worth now?

8 NURSERY CLOSE might now be worth an estimated £233,962.

This is based on house price inflation of 80%, between August 2013 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 80% inflationary increase is applied to the most recent sale price for 8 NURSERY CLOSE of £130,000 on 2nd August 2013. For the value to have increased from £130,000 to £233,962 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of 8 NURSERY CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2013 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 8 NURSERY CLOSE has not materially changed since August 2013.

How Large is 8 NURSERY CLOSE?

8 NURSERY CLOSE is 64m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% 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 NURSERY CLOSE lies on this distribution: 5% of detached houses houses are smaller than 8 NURSERY CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8 NURSERY CLOSE: Plot and Title Map

8 NURSERY CLOSE sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 8 NURSERY CLOSE, 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 NURSERY CLOSE). 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 NURSERY CLOSE?

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