8, PRIORS BARN CLOSE, BORROWASH, DERBY, DE72 3GS - £125,000

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 PRIORS BARN CLOSE is a very small semi-detached house of 64m², built sometime between 1950 and 1966, which could now be worth an estimated £226,450. It was last sold for £125,000 in May 2014, which was around 3% above the average May 2014 semi-detached price in the Erewash local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

8 PRIORS BARN CLOSE Sold Prices

Land registry data shows three sales for 8 PRIORS BARN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Two of the three 8 PRIORS BARN CLOSE sales were for above the average price, whilst one 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
2014 27 MAY	£125,000	£121,860	3% above HPI
2011 30 SEP	£115,000	£111,068	4% above HPI
2005 16 JUN	£102,000	£112,119	9% below HPI

8 PRIORS BARN CLOSE 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 three 8 PRIORS BARN CLOSE sales between June 2005 and May 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 September 2011 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the May 2014 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 PRIORS BARN CLOSE be worth now?

8 PRIORS BARN CLOSE might now be worth an estimated £226,450.

This is based on house price inflation of 81.2%, between May 2014 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 81.2% inflationary increase is applied to the most recent sale price for 8 PRIORS BARN CLOSE of £125,000 on 27th May 2014. For the value to have increased from £125,000 to £226,450 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 8 PRIORS BARN CLOSE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The May 2014 sale price of £125,000 represented a fair market value for the property.
• The size, condition, and specification of 8 PRIORS BARN CLOSE has not materially changed since May 2014.

How Large is 8 PRIORS BARN CLOSE?

8 PRIORS BARN CLOSE is 64m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% 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 8 PRIORS BARN CLOSE lies on this distribution: 5% of semi-detached houses houses are smaller than 8 PRIORS BARN CLOSE, and 94% of houses are larger. Note that EPC data is not available for all properties in Borrowash.

8 PRIORS BARN CLOSE: Plot and Title Map

8 PRIORS BARN CLOSE sits on a plot of roughly 0.037 of an acre, or 150m². The below map shows the location of 8 PRIORS BARN 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 PRIORS BARN 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 PRIORS BARN CLOSE?

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