8, SHACKLECROSS CLOSE, BORROWASH, DERBY, DE72 3GX - £402,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 SHACKLECROSS CLOSE is a midsized extended detached house of 109m², built sometime between 1967 and 1975, which could now be worth an estimated £412,449. It was last sold for £402,500 in November 2023, which was around 28% above the average November 2023 detached price in the Erewash local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was B.

8 SHACKLECROSS CLOSE Sold Prices

Land registry data shows two sales for 8 SHACKLECROSS 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. One of the two 8 SHACKLECROSS CLOSE sales was for above the average price, whilst the other was 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
2023 22 NOV	£402,500	£314,683	28% above HPI
2017 30 NOV	£152,000	£235,044	35% below HPI

8 SHACKLECROSS 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 SHACKLECROSS CLOSE sales from November 2017 and November 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 November 2017 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2023 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 8 SHACKLECROSS CLOSE be worth now?

8 SHACKLECROSS CLOSE might now be worth an estimated £412,449.

This is based on house price inflation of 2.5%, between November 2023 and December 2024, 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 2.5% inflationary increase is applied to the most recent sale price for 8 SHACKLECROSS CLOSE of £402,500 on 22nd November 2023. For the value to have increased from £402,500 to £412,449 over the eleven months to December 2024, the following assumptions must hold true:

• The value of 8 SHACKLECROSS CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2023 sale price of £402,500 represented a fair market value for the property.
• The size, condition, and specification of 8 SHACKLECROSS CLOSE has not materially changed since November 2023.

How Large is 8 SHACKLECROSS CLOSE?

8 SHACKLECROSS CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the largest 50% 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 SHACKLECROSS CLOSE lies on this distribution: 54% of detached houses houses are smaller than 8 SHACKLECROSS CLOSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8 SHACKLECROSS CLOSE: Plot and Title Map

8 SHACKLECROSS CLOSE sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 8 SHACKLECROSS 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 SHACKLECROSS 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 SHACKLECROSS CLOSE?

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