8, LACE MAKERS CLOSE, BORROWASH, DERBY, DE72 3WR - £315,000

8 LACE MAKERS CLOSE is a large detached house of 123m², built sometime between 2003 and 2006. It was last sold for £315,000 in April 2017, which was around 47% above the average April 2017 detached price in the Erewash local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

8 LACE MAKERS CLOSE Sold Prices

Land registry data shows three sales for 8 LACE MAKERS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 8 LACE MAKERS 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
2017 12 APR	£315,000	£214,634	47% above HPI
2012 28 MAR	£249,995	£167,000	50% above HPI
2007 24 AUG	£297,995	£190,202	57% above HPI

8 LACE MAKERS 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 three 8 LACE MAKERS CLOSE sales between August 2007 and April 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 March 2012 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the April 2017 sale, where it falls to 47% above the HPI. The line then continues to track at 47% above the HPI.

How Large is 8 LACE MAKERS CLOSE?

8 LACE MAKERS CLOSE is 123m² according to the EPC inspection conducted in July 2011. This puts it in the largest 40% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 8 LACE MAKERS CLOSE lies on this distribution: 67% of detached houses are smaller than 8 LACE MAKERS CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8 LACE MAKERS CLOSE: Plot and Title Map

8 LACE MAKERS CLOSE sits on a plot of roughly 0.063 of an acre, or 255m². The below map shows the location of 8 LACE MAKERS 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 8 LACE MAKERS 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 8 LACE MAKERS CLOSE?

8 LACE MAKERS CLOSE is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 8 on LACE MAKERS CLOSE.