15, BAINS DRIVE, BORROWASH, DERBY, DE72 3FS - £178,000

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.

15 BAINS DRIVE is a midsized extended semi-detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £299,870. It was last sold for £178,000 in April 2015, which was around 39% above the average April 2015 semi-detached price in the Erewash local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was C.

15 BAINS DRIVE Sold Prices

Land registry data shows three sales for 15 BAINS DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. All of the three 15 BAINS DRIVE 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
2015 24 APR	£178,000	£127,606	39% above HPI
2009 11 DEC	£157,000	£111,687	41% above HPI
1997 16 MAY	£45,000	£39,460	14% above HPI

15 BAINS DRIVE 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 three 15 BAINS DRIVE sales between May 1997 and April 2015 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 December 2009 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the April 2015 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 15 BAINS DRIVE be worth now?

15 BAINS DRIVE might now be worth an estimated £299,870.

This is based on house price inflation of 68.5%, between April 2015 and April 2026, 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 68.5% inflationary increase is applied to the most recent sale price for 15 BAINS DRIVE of £178,000 on 24th April 2015. For the value to have increased from £178,000 to £299,870 over the eleven years to April 2026, the following assumptions must hold true:

• The value of 15 BAINS DRIVE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The April 2015 sale price of £178,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BAINS DRIVE has not materially changed since April 2015.

How Large is 15 BAINS DRIVE?

15 BAINS DRIVE is 107m², which includes two extensions, according to the EPC inspection conducted in May 2009. This puts it in the largest 50% of semi-detached houses houses in Borrowash, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Borrowash, and where 15 BAINS DRIVE lies on this distribution: 53% of semi-detached houses houses are smaller than 15 BAINS DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

15 BAINS DRIVE: Plot and Title Map

15 BAINS DRIVE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 15 BAINS DRIVE, 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 15 BAINS DRIVE). 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 15 BAINS DRIVE?

15 BAINS DRIVE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 15 on BAINS DRIVE.