8, RISBORROW CLOSE, ETWALL, DERBY, DE65 6HY - £399,950

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 RISBORROW CLOSE is a very large terraced house of 170m², built sometime between 1996 and 2002, which could now be worth an estimated £480,963. It was last sold for £399,950 in June 2021, which was around 150% above the average June 2021 terraced price in the South Derbyshire local authority area. The most recent EPC inspection was May 2020, where the current energy rating was C, and the potential energy rating was B.

8 RISBORROW CLOSE Sold Prices

Land registry data shows two sales for 8 RISBORROW CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 8 RISBORROW 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
2021 30 JUN	£399,950	£160,077	150% above HPI
2012 25 MAY	£330,000	£114,217	189% above HPI

8 RISBORROW CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 8 RISBORROW CLOSE sales from May 2012 and June 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 May 2012 sale was for 189% above the HPI. So the extrapolation line tracks at 189% above the HPI over time, until the June 2021 sale, where it falls to 150% above the HPI. The line then continues to track at 150% above the HPI.

What might 8 RISBORROW CLOSE be worth now?

8 RISBORROW CLOSE might now be worth an estimated £480,963.

This is based on house price inflation of 20.3%, between June 2021 and July 2026, for terraced houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 20.3% inflationary increase is applied to the most recent sale price for 8 RISBORROW CLOSE of £399,950 on 30th June 2021. For the value to have increased from £399,950 to £480,963 over the four years and eleven months to July 2026, the following assumptions must hold true:

• The value of 8 RISBORROW CLOSE has moved in line with the HPI for terraced houses in the South Derbyshire local authority area.
• The June 2021 sale price of £399,950 represented a fair market value for the property.
• The size, condition, and specification of 8 RISBORROW CLOSE has not materially changed since June 2021.

How Large is 8 RISBORROW CLOSE?

8 RISBORROW CLOSE is 170m² according to the EPC inspection conducted in May 2020. This puts it in the largest 20% of terraced houses houses in Etwall, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Etwall, and where 8 RISBORROW CLOSE lies on this distribution: 89% of terraced houses houses are smaller than 8 RISBORROW CLOSE, and 11% of houses are larger. Note that EPC data is not available for all properties in Etwall.

8 RISBORROW CLOSE: Plot and Title Map

8 RISBORROW CLOSE sits on a plot of roughly 0.156 of an acre, or 633m². The below map shows the location of 8 RISBORROW 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 RISBORROW 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 RISBORROW CLOSE?

8 RISBORROW CLOSE is located in ETWALL, in the DE65 postcode district. The below map shows the position of No. 8 on RISBORROW CLOSE.