1, LANEWARD CLOSE, ILKESTON, DE7 8RH - £285,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 LANEWARD CLOSE is a midsized detached house of 102m², built sometime between 1996 and 2002. It was last sold for £285,000 in August 2020, which was around 14% above the average August 2020 detached price in the Erewash local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was B.

1 LANEWARD CLOSE Sold Prices

Land registry data shows three sales for 1 LANEWARD CLOSE 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 LANEWARD CLOSE 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
2020 7 AUG	£285,000	£249,022	14% above HPI
2000 22 SEP	£117,500	£81,930	43% above HPI
1996 20 SEP	£79,950	£61,278	30% above HPI

1 LANEWARD 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 three 1 LANEWARD CLOSE sales between September 1996 and August 2020 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 September 2000 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the August 2020 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 1 LANEWARD CLOSE?

1 LANEWARD CLOSE is 102m² according to the EPC inspection conducted in March 2020. This puts it in the largest 50% 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 LANEWARD CLOSE lies on this distribution: 56% of detached houses are smaller than 1 LANEWARD CLOSE, and 43% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

1 LANEWARD CLOSE: Plot and Title Map

1 LANEWARD CLOSE sits on a plot of roughly 0.120 of an acre, or 484m². The below map shows the location of 1 LANEWARD 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 LANEWARD 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 LANEWARD CLOSE?

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