57, DEANS DRIVE, BORROWASH, DERBY, DE72 3HQ - £187,000

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.

57 DEANS DRIVE is a very small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £274,473. It was last sold for £187,000 in March 2017, which was around 15% below the average March 2017 detached price in the Erewash local authority area. The most recent EPC inspection was June 2015, where the current energy rating was D, and the potential energy rating was B.

57 DEANS DRIVE Sold Prices

Land registry data shows two sales for 57 DEANS DRIVE 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 57 DEANS DRIVE sales were 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
2017 15 MAR	£187,000	£220,529	15% below HPI
2014 27 NOV	£161,500	£198,336	19% below HPI

57 DEANS DRIVE 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 57 DEANS DRIVE sales from November 2014 and March 2017 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 November 2014 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the March 2017 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 57 DEANS DRIVE be worth now?

57 DEANS DRIVE might now be worth an estimated £274,473.

This is based on house price inflation of 46.8%, between March 2017 and April 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 46.8% inflationary increase is applied to the most recent sale price for 57 DEANS DRIVE of £187,000 on 15th March 2017. For the value to have increased from £187,000 to £274,473 over the eight years and eleven months to April 2026, the following assumptions must hold true:

• The value of 57 DEANS DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2017 sale price of £187,000 represented a fair market value for the property.
• The size, condition, and specification of 57 DEANS DRIVE has not materially changed since March 2017.

How Large is 57 DEANS DRIVE?

57 DEANS DRIVE is 73m² according to the EPC inspection conducted in June 2015. This puts it in the smallest 20% 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 57 DEANS DRIVE lies on this distribution: 11% of detached houses houses are smaller than 57 DEANS DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

57 DEANS DRIVE: Plot and Title Map

57 DEANS DRIVE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 57 DEANS 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 57 DEANS 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 57 DEANS DRIVE?

57 DEANS DRIVE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 57 on DEANS DRIVE.