12, MEADOW CLOSE, DRAYCOTT, DERBY, DE72 3QR - £160,000

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.

12 MEADOW CLOSE is a very small extended semi-detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £239,269. It was last sold for £160,000 in December 2016, which was around 13% above the average December 2016 semi-detached price in the Erewash local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

12 MEADOW CLOSE Sold Prices

Land registry data shows five sales for 12 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. All of the five 12 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 19 DEC	£160,000	£141,491	13% above HPI
2014 19 SEP	£159,950	£127,567	25% above HPI
2001 30 NOV	£82,000	£56,850	44% above HPI
2000 19 MAY	£62,500	£47,057	33% above HPI
1996 26 JAN	£49,000	£36,658	34% above HPI

12 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 12 MEADOW CLOSE sales between January 1996 and December 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 September 2014 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the December 2016 sale, where it falls to 13% above the HPI. The line then continues to track at 13% above the HPI.

What might 12 MEADOW CLOSE be worth now?

12 MEADOW CLOSE might now be worth an estimated £239,269.

This is based on house price inflation of 49.5%, between December 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 49.5% inflationary increase is applied to the most recent sale price for 12 MEADOW CLOSE of £160,000 on 19th December 2016. For the value to have increased from £160,000 to £239,269 over the nine years and ten months to February 2025, the following assumptions must hold true:

• The value of 12 MEADOW CLOSE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The December 2016 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 12 MEADOW CLOSE has not materially changed since December 2016.

How Large is 12 MEADOW CLOSE?

12 MEADOW CLOSE is 81m², which includes one extension, according to the EPC inspection conducted in June 2014. 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 12 MEADOW CLOSE lies on this distribution: 16% of semi-detached houses houses are smaller than 12 MEADOW CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in Draycott.

12 MEADOW CLOSE: Plot and Title Map

12 MEADOW CLOSE sits on a plot of roughly 0.044 of an acre, or 180m². The below map shows the location of 12 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 12 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 12 MEADOW CLOSE?

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