8A, CENTRAL AVENUE, BORROWASH, DERBY, DE72 3JZ - £290,000

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

8A CENTRAL AVENUE is a large detached house of 121m², built sometime between 2003 and 2006. It was last sold for £290,000 in December 2017, which was around 28% above the average December 2017 detached price in the Erewash local authority area. The most recent EPC inspection was March 2016, where the current energy rating was D, and the potential energy rating was C.

8A CENTRAL AVENUE Sold Prices

Land registry data shows two sales for 8A CENTRAL AVENUE 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 8A CENTRAL AVENUE 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
2017 4 DEC	£290,000	£227,292	28% above HPI
2001 31 AUG	£247,000	£91,132	171% above HPI

8A CENTRAL AVENUE 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 8A CENTRAL AVENUE sales from August 2001 and December 2017 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 2001 sale was for 171% above the HPI. So the extrapolation line tracks at 171% above the HPI over time, until the December 2017 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 8A CENTRAL AVENUE?

8A CENTRAL AVENUE is 121m² according to the EPC inspection conducted in March 2016. This puts it in the largest 40% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 8A CENTRAL AVENUE lies on this distribution: 65% of detached houses are smaller than 8A CENTRAL AVENUE, and 34% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8A CENTRAL AVENUE: Plot and Title Map

8A CENTRAL AVENUE sits on a plot of roughly 0.122 of an acre, or 492m². The below map shows the location of 8A CENTRAL AVENUE, 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 8A CENTRAL AVENUE). 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 8A CENTRAL AVENUE?

8A CENTRAL AVENUE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 8A on CENTRAL AVENUE.