1, MEADOW CLOSE, DRAYCOTT, DERBY, DE72 3QR - £151,500

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.

1 MEADOW CLOSE is a very small extended semi-detached house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £239,772. It was last sold for £151,500 in March 2016, which was around 13% above the average March 2016 semi-detached price in the Erewash local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

1 MEADOW CLOSE Sold Prices

Land registry data shows five sales for 1 MEADOW CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Most of the five 1 MEADOW 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
2016 11 MAR	£151,500	£133,693	13% above HPI
2010 4 OCT	£70,000	£113,856	39% below HPI
2007 29 JUN	£135,000	£122,120	11% above HPI
2004 16 JAN	£115,000	£97,333	18% above HPI
2002 24 MAY	£84,500	£62,557	35% above HPI

1 MEADOW CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The five 1 MEADOW CLOSE sales between May 2002 and March 2016 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 October 2010 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the March 2016 sale, where it rises to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 1 MEADOW CLOSE be worth now?

1 MEADOW CLOSE might now be worth an estimated £239,772.

This is based on house price inflation of 58.3%, between March 2016 and February 2025, for semi-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 58.3% inflationary increase is applied to the most recent sale price for 1 MEADOW CLOSE of £151,500 on 11th March 2016. For the value to have increased from £151,500 to £239,772 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 1 MEADOW CLOSE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The March 2016 sale price of £151,500 represented a fair market value for the property.
• The size, condition, and specification of 1 MEADOW CLOSE has not materially changed since March 2016.

How Large is 1 MEADOW CLOSE?

1 MEADOW CLOSE is 84m², which includes one extension, according to the EPC inspection conducted in August 2015. This puts it in the smallest 20% of semi-detached houses houses in Draycott, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Draycott, and where 1 MEADOW CLOSE lies on this distribution: 17% of semi-detached houses houses are smaller than 1 MEADOW CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Draycott.

1 MEADOW CLOSE: Plot and Title Map

1 MEADOW CLOSE sits on a plot of roughly 3.1 acres, or 12,643m². The below map shows the location of 1 MEADOW 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 1 MEADOW 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 1 MEADOW CLOSE?

1 MEADOW CLOSE is located in DRAYCOTT, in the DE72 postcode district. The below map shows the position of No. 1 on MEADOW CLOSE.