23, PARES WAY, OCKBROOK, DERBY, DE72 3TJ - £179,950

23 PARES WAY is a very small detached house of 62m², built sometime between 1967 and 1975. It was last sold for £179,950 in July 2016, which was around 14% below the average July 2016 detached price in the Erewash local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

23 PARES WAY Sold Prices

Land registry data shows two sales for 23 PARES WAY 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. One of the two 23 PARES WAY sales was for below the average price, whilst the other was 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
2016 15 JUL	£179,950	£208,489	14% below HPI
2006 19 JUL	£180,000	£176,598	2% above HPI

23 PARES WAY 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 23 PARES WAY sales from July 2006 and July 2016 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 2006 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the July 2016 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

How Large is 23 PARES WAY?

23 PARES WAY is 62m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 10% of detached houses in Ockbrook, based on EPC data. The below chart shows the distribution of detached houses by size in Ockbrook, and where 23 PARES WAY lies on this distribution: 2% of detached houses are smaller than 23 PARES WAY, and 97% of houses are larger. Note that EPC data is not available for all properties in Ockbrook.

23 PARES WAY: Plot and Title Map

23 PARES WAY sits on a plot of roughly 0.063 of an acre, or 253m². The below map shows the location of 23 PARES WAY, 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 23 PARES WAY). 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 23 PARES WAY?

23 PARES WAY is located in OCKBROOK, in the DE72 postcode district. The below map shows the position of No. 23 on PARES WAY.