8, WEAVERS CLOSE, BORROWASH, DERBY, DE72 3YB - £335,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 WEAVERS CLOSE is a large extended detached house of 126m², built sometime between 1991 and 1995. It was last sold for £335,000 in March 2021, which was around 26% above the average March 2021 detached price in the Erewash local authority area. The most recent EPC inspection was June 2020, where the current energy rating was C, and the potential energy rating was B.

8 WEAVERS CLOSE Sold Prices

Land registry data shows four sales for 8 WEAVERS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 8 WEAVERS CLOSE 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
2021 8 MAR	£335,000	£265,542	26% above HPI
2002 9 MAY	£142,500	£102,329	39% above HPI
2001 3 SEP	£160,000	£92,669	73% above HPI
1996 16 DEC	£84,000	£61,939	36% above HPI

8 WEAVERS 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 four 8 WEAVERS CLOSE sales between December 1996 and March 2021 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 2002 sale was for 39% above the HPI. So the extrapolation line tracks at 39% above the HPI over time, until the March 2021 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 8 WEAVERS CLOSE?

8 WEAVERS CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% 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 WEAVERS CLOSE lies on this distribution: 70% of detached houses are smaller than 8 WEAVERS CLOSE, and 30% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8 WEAVERS CLOSE: Plot and Title Map

8 WEAVERS CLOSE sits on a plot of roughly 0.076 of an acre, or 309m². The below map shows the location of 8 WEAVERS 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 WEAVERS 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 WEAVERS CLOSE?

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