THE HOLLIES, STATION ROAD, DRAYCOTT, DERBY, DE72 3QB - £570,000

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.

THE HOLLIES is a very large extended detached house of 231m², built sometime between 1996 and 2002, which could now be worth an estimated £1,025,831. It was last sold for £570,000 in August 2013, which was around 222% above the average August 2013 detached price in the Erewash local authority area. The most recent EPC inspection was May 2013, where the current energy rating was C, and the potential energy rating was C.

THE HOLLIES Sold Prices

Land registry data shows two sales for THE HOLLIES 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 THE HOLLIES 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
2013 23 AUG	£570,000	£177,253	222% above HPI
2004 14 MAY	£475,000	£165,697	187% above HPI

THE HOLLIES 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 THE HOLLIES sales from May 2004 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 May 2004 sale was for 187% above the HPI. So the extrapolation line tracks at 187% above the HPI over time, until the August 2013 sale, where it rises to 222% above the HPI. The line then continues to track at 222% above the HPI.

What might THE HOLLIES be worth now?

THE HOLLIES might now be worth an estimated £1,025,831.

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 THE HOLLIES of £570,000 on 23rd August 2013. For the value to have increased from £570,000 to £1,025,831 over the twelve years and six months to February 2025, the following assumptions must hold true:

• The value of THE HOLLIES has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2013 sale price of £570,000 represented a fair market value for the property.
• The size, condition, and specification of THE HOLLIES has not materially changed since August 2013.

How Large is THE HOLLIES?

THE HOLLIES is 231m², which includes two extensions, according to the EPC inspection conducted in May 2013. This puts it in the largest 10% of detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of detached houses houses by size in Draycott, and where THE HOLLIES lies on this distribution: 97% of detached houses houses are smaller than THE HOLLIES, and 3% of houses are larger. Note that EPC data is not available for all properties in Draycott.

THE HOLLIES: Plot and Title Map

THE HOLLIES sits on a plot of roughly 0.238 of an acre, or 962m². The below map shows the location of THE HOLLIES, 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 THE HOLLIES). 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 THE HOLLIES?

THE HOLLIES is located on STATION ROAD in DRAYCOTT, in the DE72 postcode district. The below map shows the position of THE HOLLIES on STATION ROAD.