48 Lace Makers Close, Borrowash, Derby, DE72 3WR is a leasehold flat built between 2007-2011. The property offers approximately 624 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £147,267 , which equates to approximately £236 per square foot. It was last sold on 30 Sep 2014 for £100,000. Since then, the value has increased by £47,267, representing a 47.3% increase, or approximately 4.2% per year.

The current estimated value of £147,267 is:

  • 57.3% lower than the average property price on Lace Makers Close
  • 59.9% lower than the average in the DE72 3WR postcode area
  • and 61.9% lower than the average price for Derby as a whole

At the most recent EPC inspection on 6 April 2021, the property was recorded as owner-occupied.

View sold house prices in DE72 3WR

Building approximate location

About Property

Type
Flat
Built
2007-2011
Interior Size
624 sq ft
Tenure
Leasehold
Price (estimate)
£147,267
Price Per sq ft (estimate)
£236
Bedroom Count (estimate)
1 bedroom

EPC Summary

48 Lace Makers Close, Borrowash, Derby, Erewash, Derbyshire, DE72 3WR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 6 Apr 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 3 Oct 2008, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from average thermal transmittance = 0.01 w/m?k to (another dwelling above), changing energy efficiency from very good to n/a.
  • The wall construction or insulation changed from average thermal transmittance = 0.31 w/m?k to cavity wall, as built, insulated (assumed), with no change in energy efficiency (good).
  • The lighting was updated from low energy lighting in 60% of fixed outlets to low energy lighting in 78% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to DE72 3WR

26 th / 29
Price Rank
60% lower than average
12 th / 17
Size Rank
52% smaller than average
14 th / 17
Price Per Sq FT Rank
16% lower than average

Compared to other properties in DE72 3WR , this flat's estimated value ranks 26th out of 29. Based on price per square foot, it ranks 14th out of 17 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 12th out of 17 properties in its postcode area.

Sale History

Today
£147,267
streetscan.co.uk estimate
+47 %
30 Sep 2014
£100,000
Leasehold
+53.8 %
7 Nov 2008
£65,000
Leasehold

Area Insights

Similar Properties Sold Nearby

50 Lace Makers Close, Borrowash, Derby, DE72 3WR
rooms: 3
size: 581 sq ft
sale price: £97,000
sale date: 31 Jan 2020
52 Lace Makers Close, Borrowash, Derby, DE72 3WR
rooms: 3
size: 592 sq ft
sale price: £85,000
sale date: 10 Jan 2015
56 Lace Makers Close, Borrowash, Derby, DE72 3WR
rooms: 3
size: 603 sq ft
sale price: £102,500
sale date: 12 Dec 2008
33 Lace Makers Close, Borrowash, Derby, DE72 3WQ
rooms: 3
size: 538 sq ft
sale price: £51,000
sale date: 31 Jul 2014
31 Lace Makers Close, Borrowash, Derby, DE72 3WQ
rooms: 3
size: 538 sq ft
sale price: £32,000
sale date: 8 Jul 2009

Data Sources

The property at 48 Lace Makers Close, Borrowash, Derby, DE72 3WR appears two times in the Land Registry records, with the latest transaction recorded on 30 Sep 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Apr 2021. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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