8, STATION ROAD, BORROWASH, DERBY, DE72 3LG - £355,000

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 STATION ROAD is a very large extended detached house of 159m², built sometime between 1900 and 1929. It was last sold for £355,000 in February 2018, which was around 53% above the average February 2018 detached price in the Erewash local authority area. The most recent EPC inspection was August 2009, where the current energy rating was D, and the potential energy rating was D.

8 STATION ROAD Sold Prices

Land registry data shows three sales for 8 STATION ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 8 STATION ROAD 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
2018 26 FEB	£355,000	£231,401	53% above HPI
2009 21 AUG	£360,000	£164,241	119% above HPI
2001 18 JAN	£133,000	£80,686	65% above HPI

8 STATION ROAD 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 three 8 STATION ROAD sales between January 2001 and February 2018 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 August 2009 sale was for 119% above the HPI. So the extrapolation line tracks at 119% above the HPI over time, until the February 2018 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

How Large is 8 STATION ROAD?

8 STATION ROAD is 159m², which includes two extensions, according to the EPC inspection conducted in August 2009. This puts it in the largest 20% 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 STATION ROAD lies on this distribution: 87% of detached houses are smaller than 8 STATION ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8 STATION ROAD: Plot and Title Map

8 STATION ROAD sits on a plot of roughly 0.161 of an acre, or 654m². The below map shows the location of 8 STATION ROAD, 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 STATION ROAD). 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 STATION ROAD?

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