5, APPLETREE CLOSE, BORROWASH, DERBY, DE72 3LU - £226,000

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.

5 APPLETREE CLOSE is a small detached house of 88m², built sometime between 1983 and 1990, which could now be worth an estimated £386,124. It was last sold for £226,000 in April 2014, which was around 21% above the average April 2014 detached price in the Erewash local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was B.

5 APPLETREE CLOSE Sold Prices

Land registry data shows two sales for 5 APPLETREE 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 5 APPLETREE 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
2014 4 APR	£226,000	£186,714	21% above HPI
1995 14 JUL	£107,500	£61,544	75% above HPI

5 APPLETREE 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 5 APPLETREE CLOSE sales from July 1995 and April 2014 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 1995 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the April 2014 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 5 APPLETREE CLOSE be worth now?

5 APPLETREE CLOSE might now be worth an estimated £386,124.

This is based on house price inflation of 70.9%, between April 2014 and February 2025, 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 70.9% inflationary increase is applied to the most recent sale price for 5 APPLETREE CLOSE of £226,000 on 4th April 2014. For the value to have increased from £226,000 to £386,124 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 5 APPLETREE CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2014 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 5 APPLETREE CLOSE has not materially changed since April 2014.

How Large is 5 APPLETREE CLOSE?

5 APPLETREE CLOSE is 88m² according to the EPC inspection conducted in August 2013. This puts it in the smallest 40% 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 5 APPLETREE CLOSE lies on this distribution: 31% of detached houses houses are smaller than 5 APPLETREE CLOSE, and 68% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

5 APPLETREE CLOSE: Plot and Title Map

5 APPLETREE CLOSE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 5 APPLETREE 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 5 APPLETREE 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 5 APPLETREE CLOSE?

5 APPLETREE CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 5 on APPLETREE CLOSE.