20, ELM STREET, BORROWASH, DERBY, DE72 3HP - £174,950

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.

20 ELM STREET is a very small extended terraced house of 70m², built sometime before 1900, which could now be worth an estimated £221,933. It was last sold for £174,950 in July 2020, which was around 37% above the average July 2020 terraced price in the Erewash local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

20 ELM STREET Sold Prices

Land registry data shows three sales for 20 ELM STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. All of the three 20 ELM STREET 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
2020 10 JUL	£174,950	£127,458	37% above HPI
2018 23 MAR	£148,500	£118,772	25% above HPI
2001 24 AUG	£66,950	£41,410	62% above HPI

20 ELM STREET 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 three 20 ELM STREET sales between August 2001 and July 2020 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 March 2018 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the July 2020 sale, where it rises to 37% above the HPI. The line then continues to track at 37% above the HPI.

What might 20 ELM STREET be worth now?

20 ELM STREET might now be worth an estimated £221,933.

This is based on house price inflation of 26.9%, between July 2020 and July 2025, 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 26.9% inflationary increase is applied to the most recent sale price for 20 ELM STREET of £174,950 on 10th July 2020. For the value to have increased from £174,950 to £221,933 over the five years to July 2025, the following assumptions must hold true:

• The value of 20 ELM STREET has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The July 2020 sale price of £174,950 represented a fair market value for the property.
• The size, condition, and specification of 20 ELM STREET has not materially changed since July 2020.

How Large is 20 ELM STREET?

20 ELM STREET is 70m², which includes two extensions, according to the EPC inspection conducted in April 2017. 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 20 ELM STREET lies on this distribution: 8% of terraced houses houses are smaller than 20 ELM STREET, and 91% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

20 ELM STREET: Plot and Title Map

20 ELM STREET sits on a plot of roughly 0.053 of an acre, or 213m². The below map shows the location of 20 ELM STREET, 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 20 ELM STREET). 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 20 ELM STREET?

20 ELM STREET is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 20 on ELM STREET.