8, POLLARDS OAKS, BORROWASH, DERBY, DE72 3QU - £320,000

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.

8 POLLARDS OAKS is a midsized detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £383,263. It was last sold for £320,000 in January 2021, which was around 18% above the average January 2021 detached price in the Erewash local authority area. The most recent EPC inspection was July 2020, where the current energy rating was C, and the potential energy rating was B.

8 POLLARDS OAKS Sold Prices

Land registry data shows three sales for 8 POLLARDS OAKS 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 POLLARDS OAKS 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
2021 14 JAN	£320,000	£270,257	18% above HPI
2007 15 JUN	£222,500	£186,867	19% above HPI
2000 7 JAN	£105,000	£72,348	45% above HPI

8 POLLARDS OAKS 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 POLLARDS OAKS sales between January 2000 and January 2021 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 June 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2021 sale, where it falls to 18% above the HPI. The line then continues to track at 18% above the HPI.

What might 8 POLLARDS OAKS be worth now?

8 POLLARDS OAKS might now be worth an estimated £383,263.

This is based on house price inflation of 19.8%, between January 2021 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 19.8% inflationary increase is applied to the most recent sale price for 8 POLLARDS OAKS of £320,000 on 14th January 2021. For the value to have increased from £320,000 to £383,263 over the four years and nine months to April 2026, the following assumptions must hold true:

• The value of 8 POLLARDS OAKS has moved in line with the HPI for detached houses in the Erewash local authority area.
• The January 2021 sale price of £320,000 represented a fair market value for the property.
• The size, condition, and specification of 8 POLLARDS OAKS has not materially changed since January 2021.

How Large is 8 POLLARDS OAKS?

8 POLLARDS OAKS is 107m² according to the EPC inspection conducted in July 2020. This puts it in the largest 50% 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 8 POLLARDS OAKS lies on this distribution: 52% of detached houses houses are smaller than 8 POLLARDS OAKS, and 47% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8 POLLARDS OAKS: Plot and Title Map

8 POLLARDS OAKS sits on a plot of roughly 0.079 of an acre, or 320m². The below map shows the location of 8 POLLARDS OAKS, 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 POLLARDS OAKS). 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 POLLARDS OAKS?

8 POLLARDS OAKS is located in BORROWASH, in the DE72 postcode district. The below map shows the position of No. 8 on POLLARDS OAKS.