3, PRINCESS DRIVE, BORROWASH, DERBY, DE72 3LQ - £170,000

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.

3 PRINCESS DRIVE is a small semi-detached house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £275,580. It was last sold for £170,000 in September 2015, which was around 25% above the average September 2015 semi-detached price in the Erewash local authority area. The most recent EPC inspection was April 2014, where the current energy rating was F, and the potential energy rating was B.

3 PRINCESS DRIVE Sold Prices

Land registry data shows two sales for 3 PRINCESS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. One of the two 3 PRINCESS DRIVE sales was for above the average price, whilst the other was for below 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 25 SEP	£170,000	£136,184	25% above HPI
2014 25 JUL	£117,000	£125,136	7% below HPI

3 PRINCESS 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 two 3 PRINCESS DRIVE sales from July 2014 and September 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 July 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the September 2015 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 3 PRINCESS DRIVE be worth now?

3 PRINCESS DRIVE might now be worth an estimated £275,580.

This is based on house price inflation of 62.1%, between September 2015 and May 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 62.1% inflationary increase is applied to the most recent sale price for 3 PRINCESS DRIVE of £170,000 on 25th September 2015. For the value to have increased from £170,000 to £275,580 over the eleven years and four months to May 2026, the following assumptions must hold true:

• The value of 3 PRINCESS DRIVE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The September 2015 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PRINCESS DRIVE has not materially changed since September 2015.

How Large is 3 PRINCESS DRIVE?

3 PRINCESS DRIVE is 94m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 40% 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 3 PRINCESS DRIVE lies on this distribution: 39% of semi-detached houses houses are smaller than 3 PRINCESS DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

3 PRINCESS DRIVE: Plot and Title Map

3 PRINCESS DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 3 PRINCESS 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 3 PRINCESS 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 3 PRINCESS DRIVE?

3 PRINCESS DRIVE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 3 on PRINCESS DRIVE.