1, ELVEDEN DRIVE, ILKESTON, DE7 9JW - £210,000

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.

1 ELVEDEN DRIVE is a small extended detached house of 87m², built sometime between 1991 and 1995, which could now be worth an estimated £273,302. It was last sold for £210,000 in December 2019, which was around 14% 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.

1 ELVEDEN DRIVE Sold Prices

Land registry data shows three sales for 1 ELVEDEN DRIVE since 1^st 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. All of the three 1 ELVEDEN DRIVE 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
2019 20 DEC	£210,000	£245,116	14% below HPI
2000 13 APR	£72,000	£77,853	8% below HPI
1996 29 MAR	£59,803	£61,874	3% below HPI

1 ELVEDEN DRIVE 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 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 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the December 2019 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 1 ELVEDEN DRIVE be worth now?

1 ELVEDEN DRIVE might now be worth an estimated £273,302.

This is based on house price inflation of 30.1%, between December 2019 and February 2025, 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 30.1% inflationary increase is applied to the most recent sale price for 1 ELVEDEN DRIVE of £210,000 on 20th December 2019. For the value to have increased from £210,000 to £273,302 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 1 ELVEDEN DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2019 sale price of £210,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ELVEDEN DRIVE has not materially changed since December 2019.

How Large is 1 ELVEDEN DRIVE?

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 houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 1 ELVEDEN DRIVE lies on this distribution: 35% of detached houses 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: Plot and Title Map

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.

Where is 1 ELVEDEN DRIVE?

1 ELVEDEN DRIVE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 1 on ELVEDEN DRIVE.