141, NOTTINGHAM ROAD, BORROWASH, DERBY, DE72 3FP - £80,500

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.

141 NOTTINGHAM ROAD is a very small extended terraced house of 55m², built sometime between 1900 and 1929, which could now be worth an estimated £81,800. It was last sold for £80,500 in February 2023, which was around 51% below the average February 2023 terraced price in the Erewash local authority area. The most recent EPC inspection was September 2023, where the current energy rating was C, and the potential energy rating was A.

141 NOTTINGHAM ROAD Sold Prices

Land registry data shows two sales for 141 NOTTINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. Both of the two 141 NOTTINGHAM ROAD sales were for below 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
2023 23 FEB	£80,500	£165,326	51% below HPI
2019 22 AUG	£77,000	£123,373	38% below HPI

141 NOTTINGHAM ROAD Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Erewash local authority area over time, sourced from the HPI. The two 141 NOTTINGHAM ROAD sales from August 2019 and February 2023 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 August 2019 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2023 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 141 NOTTINGHAM ROAD be worth now?

141 NOTTINGHAM ROAD might now be worth an estimated £81,800.

This is based on house price inflation of 1.6%, between February 2023 and April 2026, for terraced 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 1.6% inflationary increase is applied to the most recent sale price for 141 NOTTINGHAM ROAD of £80,500 on 23rd February 2023. For the value to have increased from £80,500 to £81,800 over the two years and ten months to April 2026, the following assumptions must hold true:

• The value of 141 NOTTINGHAM ROAD has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The February 2023 sale price of £80,500 represented a fair market value for the property.
• The size, condition, and specification of 141 NOTTINGHAM ROAD has not materially changed since February 2023.

How Large is 141 NOTTINGHAM ROAD?

141 NOTTINGHAM ROAD is 55m², which includes one extension, according to the EPC inspection conducted in September 2023. This puts it in the smallest 10% of terraced houses houses in Borrowash, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Borrowash, and where 141 NOTTINGHAM ROAD lies on this distribution: 3% of terraced houses houses are smaller than 141 NOTTINGHAM ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

141 NOTTINGHAM ROAD: Plot and Title Map

141 NOTTINGHAM ROAD sits on a plot of roughly 0.025 of an acre, or 100m². The below map shows the location of 141 NOTTINGHAM ROAD, 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 141 NOTTINGHAM ROAD). 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 141 NOTTINGHAM ROAD?

141 NOTTINGHAM ROAD is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 141 on NOTTINGHAM ROAD.