1, ROMAN WAY, BORROWASH, DERBY, DE72 3LX - £222,000

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.

1 ROMAN WAY is a large detached house of 134m², built sometime between 1996 and 2002, which could now be worth an estimated £406,980. It was last sold for £222,000 in February 2012, which was around 28% above the average February 2012 detached price in the Erewash local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

1 ROMAN WAY Sold Prices

Land registry data shows three sales for 1 ROMAN WAY 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 1 ROMAN WAY 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
2012 27 FEB	£222,000	£174,010	28% above HPI
2001 31 JUL	£155,000	£92,016	68% above HPI
1998 26 JUN	£114,950	£71,235	61% above HPI

1 ROMAN WAY 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 1 ROMAN WAY sales between June 1998 and February 2012 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 July 2001 sale was for 68% above the HPI. So the extrapolation line tracks at 68% above the HPI over time, until the February 2012 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 1 ROMAN WAY be worth now?

1 ROMAN WAY might now be worth an estimated £406,980.

This is based on house price inflation of 83.3%, between February 2012 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 83.3% inflationary increase is applied to the most recent sale price for 1 ROMAN WAY of £222,000 on 27th February 2012. For the value to have increased from £222,000 to £406,980 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 1 ROMAN WAY has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2012 sale price of £222,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ROMAN WAY has not materially changed since February 2012.

How Large is 1 ROMAN WAY?

1 ROMAN WAY is 134m² according to the EPC inspection conducted in February 2010. This puts it in the largest 30% of detached houses houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borrowash, and where 1 ROMAN WAY lies on this distribution: 77% of detached houses houses are smaller than 1 ROMAN WAY, and 23% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

1 ROMAN WAY: Plot and Title Map

1 ROMAN WAY sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 1 ROMAN WAY, 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 ROMAN WAY). 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 ROMAN WAY?

1 ROMAN WAY is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 1 on ROMAN WAY.