2, WESTERN MERE CLOSE, BREASTON, DERBY, DE72 3UT - £416,500

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.

2 WESTERN MERE CLOSE is a large detached house of 157m², built in 2015, which could now be worth an estimated £563,133. It was last sold for £416,500 in May 2019, which was around 70% above the average May 2019 detached price in the Erewash local authority area. The most recent EPC inspection was June 2016, where the current energy rating was B, and the potential energy rating was B.

2 WESTERN MERE CLOSE Sold Prices

Land registry data shows two sales for 2 WESTERN MERE 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 WESTERN MERE 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
2019 8 MAY	£416,500	£244,299	70% above HPI
2016 8 JUL	£359,950	£214,944	67% above HPI

2 WESTERN MERE 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 WESTERN MERE CLOSE sales from July 2016 and May 2019 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 July 2016 sale was for 67% above the HPI. So the extrapolation line tracks at 67% above the HPI over time, until the May 2019 sale, where it rises to 70% above the HPI. The line then continues to track at 70% above the HPI.

What might 2 WESTERN MERE CLOSE be worth now?

2 WESTERN MERE CLOSE might now be worth an estimated £563,133.

This is based on house price inflation of 35.2%, between May 2019 and May 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 35.2% inflationary increase is applied to the most recent sale price for 2 WESTERN MERE CLOSE of £416,500 on 8th May 2019. For the value to have increased from £416,500 to £563,133 over the seven years to May 2026, the following assumptions must hold true:

• The value of 2 WESTERN MERE CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2019 sale price of £416,500 represented a fair market value for the property.
• The size, condition, and specification of 2 WESTERN MERE CLOSE has not materially changed since May 2019.

How Large is 2 WESTERN MERE CLOSE?

2 WESTERN MERE CLOSE is 157m² according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of detached houses houses in Breaston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Breaston, and where 2 WESTERN MERE CLOSE lies on this distribution: 76% of detached houses houses are smaller than 2 WESTERN MERE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Breaston.

2 WESTERN MERE CLOSE: Plot and Title Map

2 WESTERN MERE CLOSE sits on a plot of roughly 0.066 of an acre, or 266m². The below map shows the location of 2 WESTERN MERE 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 WESTERN MERE 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 WESTERN MERE CLOSE?

2 WESTERN MERE CLOSE is located in BREASTON, in the DE72 postcode district. The below map shows the position of No. 2 on WESTERN MERE CLOSE.