12, FIELD CLOSE, BORROWASH, DERBY, DE72 3HJ - £180,000

12 FIELD CLOSE is a small extended detached house of 90m², built sometime between 1950 and 1966. It was last sold for £180,000 in May 2016, which was around 12% below the average May 2016 detached price in the Erewash local authority area. The most recent EPC inspection was February 2016, where the current energy rating was E, and the potential energy rating was B.

12 FIELD CLOSE Sold Prices

Land registry data shows three sales for 12 FIELD CLOSE 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. Two of the three 12 FIELD CLOSE sales were for below the average price, whilst one was 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 27 MAY	£180,000	£204,881	12% below HPI
2001 4 OCT	£92,950	£92,474	1% above HPI
1998 5 OCT	£54,500	£68,215	20% below HPI

12 FIELD 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 three 12 FIELD CLOSE sales between October 1998 and May 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 2001 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the May 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 12 FIELD CLOSE?

12 FIELD CLOSE is 90m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the smallest 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 12 FIELD CLOSE lies on this distribution: 34% of detached houses are smaller than 12 FIELD CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

12 FIELD CLOSE: Plot and Title Map

12 FIELD CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 12 FIELD 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 12 FIELD 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 12 FIELD CLOSE?

12 FIELD CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 12 on FIELD CLOSE.