2, COOPERS CLOSE, BORROWASH, DERBY, DE72 3XW - £375,000

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.

2 COOPERS CLOSE is a large detached house of 128m², built sometime between 1983 and 1990, which could now be worth an estimated £499,386. It was last sold for £375,000 in July 2018, which was around 54% above the average July 2018 detached price in the Erewash local authority area. The most recent EPC inspection was September 2017, where the current energy rating was D, and the potential energy rating was B.

2 COOPERS CLOSE Sold Prices

Land registry data shows two sales for 2 COOPERS CLOSE 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. Both of the two 2 COOPERS 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
2018 26 JUL	£375,000	£243,063	54% above HPI
2003 17 APR	£249,950	£138,947	80% above HPI

2 COOPERS 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 two 2 COOPERS CLOSE sales from April 2003 and July 2018 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 2003 sale was for 80% above the HPI. So the extrapolation line tracks at 80% above the HPI over time, until the July 2018 sale, where it falls to 54% above the HPI. The line then continues to track at 54% above the HPI.

What might 2 COOPERS CLOSE be worth now?

2 COOPERS CLOSE might now be worth an estimated £499,386.

This is based on house price inflation of 33.2%, between July 2018 and April 2026, for 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 33.2% inflationary increase is applied to the most recent sale price for 2 COOPERS CLOSE of £375,000 on 26th July 2018. For the value to have increased from £375,000 to £499,386 over the eight years and three months to April 2026, the following assumptions must hold true:

• The value of 2 COOPERS CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The July 2018 sale price of £375,000 represented a fair market value for the property.
• The size, condition, and specification of 2 COOPERS CLOSE has not materially changed since July 2018.

How Large is 2 COOPERS CLOSE?

2 COOPERS CLOSE is 128m² according to the EPC inspection conducted in September 2017. This puts it in the largest 30% of detached houses houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses houses by size in Borrowash, and where 2 COOPERS CLOSE lies on this distribution: 71% of detached houses houses are smaller than 2 COOPERS CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

2 COOPERS CLOSE: Plot and Title Map

2 COOPERS CLOSE sits on a plot of roughly 0.127 of an acre, or 513m². The below map shows the location of 2 COOPERS 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 2 COOPERS 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 2 COOPERS CLOSE?

2 COOPERS CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 2 on COOPERS CLOSE.