1, KNIVETON PARK, ILKESTON, DE7 5FD - £350,000

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 KNIVETON PARK is a very large extended detached house of 147m², built sometime between 1930 and 1949, which could now be worth an estimated £409,983. It was last sold for £350,000 in February 2021, which was around 29% above the average February 2021 detached price in the Erewash local authority area. The most recent EPC inspection was September 2018, where the current energy rating was D, and the potential energy rating was C.

1 KNIVETON PARK Sold Prices

Land registry data shows three sales for 1 KNIVETON PARK 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 KNIVETON PARK sales were for above 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
2021 5 FEB	£350,000	£272,331	29% above HPI
2019 30 MAY	£315,000	£244,299	29% above HPI
1999 19 NOV	£78,500	£75,638	4% above HPI

1 KNIVETON PARK 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 KNIVETON PARK sales between November 1999 and February 2021 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 May 2019 sale was for 29% above the HPI. So the extrapolation line tracks at 29% above the HPI over time, until the February 2021 sale, which was also at 29% above the HPI.

What might 1 KNIVETON PARK be worth now?

1 KNIVETON PARK might now be worth an estimated £409,983.

This is based on house price inflation of 17.1%, between February 2021 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 17.1% inflationary increase is applied to the most recent sale price for 1 KNIVETON PARK of £350,000 on 5th February 2021. For the value to have increased from £350,000 to £409,983 over the four years to February 2025, the following assumptions must hold true:

• The value of 1 KNIVETON PARK has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2021 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 1 KNIVETON PARK has not materially changed since February 2021.

How Large is 1 KNIVETON PARK?

1 KNIVETON PARK is 147m², which includes one extension, according to the EPC inspection conducted in September 2018. This puts it in the largest 10% 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 KNIVETON PARK lies on this distribution: 90% of detached houses houses are smaller than 1 KNIVETON PARK, and 10% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

1 KNIVETON PARK: Plot and Title Map

1 KNIVETON PARK sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 1 KNIVETON PARK, 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 KNIVETON PARK). 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 KNIVETON PARK?

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