12, PARES WAY, OCKBROOK, DERBY, DE72 3TJ - £175,000

12 PARES WAY is a midsized detached house of 93m², built sometime between 1983 and 1990. It was last sold for £175,000 in August 2009, which was around 7% above the average August 2009 detached price in the Erewash local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was D.

12 PARES WAY Sold Prices

Land registry data shows two sales for 12 PARES WAY 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. One of the two 12 PARES WAY sales was for above the average price, whilst the other was roughly equal to 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
2009 21 AUG	£175,000	£164,241	7% above HPI
2004 16 APR	£155,500	£155,801	Close to HPI

12 PARES 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 two 12 PARES WAY sales from April 2004 and August 2009 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 April 2004 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the August 2009 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

How Large is 12 PARES WAY?

12 PARES WAY is 93m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 50% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 12 PARES WAY lies on this distribution: 42% of detached houses are smaller than 12 PARES WAY, and 58% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

12 PARES WAY: Plot and Title Map

12 PARES WAY sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 12 PARES 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 12 PARES 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 12 PARES WAY?

12 PARES WAY is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 12 on PARES WAY.