Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 ELVEDEN DRIVE is a small extended detached house of 87m², built sometime between 1991 and 1995. It was last sold for £210,000 in December 2019, which was around 12% below the average December 2019 detached price in the Erewash local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows three sales for 1 ELVEDEN DRIVE since 1st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. The three 1 ELVEDEN DRIVE sales were a mix of below the average price, and roughly equal to 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 |
---|---|---|---|
2019 20 DEC | £210,000 | £237,754 | 12% below HPI |
2000 13 APR | £72,000 | £75,515 | 5% below HPI |
1996 29 MAR | £59,803 | £60,016 | Close to HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 1 ELVEDEN DRIVE sales between March 1996 and December 2019 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 2000 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the December 2019 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.
1 ELVEDEN DRIVE is 87m², which includes three extensions, according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 1 ELVEDEN DRIVE lies on this distribution: 35% of detached houses are smaller than 1 ELVEDEN DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.
1 ELVEDEN DRIVE sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 1 ELVEDEN DRIVE, 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 ELVEDEN DRIVE). 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.
1 ELVEDEN DRIVE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 1 on ELVEDEN DRIVE.