1, BARKER CLOSE, STANLEY COMMON, ILKESTON, DE7 6FN - £216,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

1 BARKER CLOSE is a very small detached house of 55m², built sometime between 1996 and 2002, which could now be worth an estimated £218,730. It was last sold for £216,000 in December 2022, which was around 32% below the average December 2022 detached price in the Erewash local authority area. The most recent EPC inspection was June 2022, where the current energy rating was C, and the potential energy rating was B.

1 BARKER CLOSE Sold Prices

Land registry data shows two sales for 1 BARKER CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 1 BARKER CLOSE sales were 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
2022 19 DEC	£216,000	£318,437	32% below HPI
2006 28 APR	£123,000	£175,649	30% below HPI

1 BARKER CLOSE 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 two 1 BARKER CLOSE sales from April 2006 and December 2022 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 April 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the December 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 1 BARKER CLOSE be worth now?

1 BARKER CLOSE might now be worth an estimated £218,730.

This is based on house price inflation of 1.3%, between December 2022 and December 2024, 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 1.3% inflationary increase is applied to the most recent sale price for 1 BARKER CLOSE of £216,000 on 19th December 2022. For the value to have increased from £216,000 to £218,730 over the two years to December 2024, the following assumptions must hold true:

• The value of 1 BARKER CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2022 sale price of £216,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BARKER CLOSE has not materially changed since December 2022.

How Large is 1 BARKER CLOSE?

1 BARKER CLOSE is 55m² according to the EPC inspection conducted in June 2022. This puts it in the smallest 10% of detached houses houses in Stanley Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanley Common, and where 1 BARKER CLOSE lies on this distribution: 3% of detached houses houses are smaller than 1 BARKER CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

1 BARKER CLOSE: Plot and Title Map

1 BARKER CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 1 BARKER 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 1 BARKER 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 1 BARKER CLOSE?

1 BARKER CLOSE is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 1 on BARKER CLOSE.