9, THE SPINNEY, BORROWASH, DERBY, DE72 3FT - £251,000

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.

9 THE SPINNEY is a midsized detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £327,345. It was last sold for £251,000 in November 2018, which was around 1% above the average November 2018 detached price in the Erewash local authority area. The most recent EPC inspection was March 2017, where the current energy rating was D, and the potential energy rating was B.

9 THE SPINNEY Sold Prices

Land registry data shows one sale for 9 THE SPINNEY since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Erewash local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2018 9 NOV	£251,000	£248,194	1% above HPI

What might 9 THE SPINNEY be worth now?

9 THE SPINNEY might now be worth an estimated £327,345.

This is based on house price inflation of 30.4%, between November 2018 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 30.4% inflationary increase is applied to the most recent sale price for 9 THE SPINNEY of £251,000 on 9th November 2018. For the value to have increased from £251,000 to £327,345 over the eight years and seven months to April 2026, the following assumptions must hold true:

• The value of 9 THE SPINNEY has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2018 sale price of £251,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE SPINNEY has not materially changed since November 2018.

How Large is 9 THE SPINNEY?

9 THE SPINNEY is 105m² according to the EPC inspection conducted in March 2017. This puts it in the largest 50% of detached houses in Borrowash, based on EPC data. The below chart shows the distribution of detached houses by size in Borrowash, and where 9 THE SPINNEY lies on this distribution: 50% of detached houses are smaller than 9 THE SPINNEY, and 49% of detached houses are larger. Note that EPC data is not available for all properties in Borrowash.

9 THE SPINNEY: Plot

9 THE SPINNEY sits on a plot of roughly 0.081 of an acre, or 326m².

Where is 9 THE SPINNEY?

9 THE SPINNEY is located in BORROWASH, in the DE72 postcode district.