1, NORMAN CRESCENT, ILKESTON, DE7 8NN - £267,500

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 NORMAN CRESCENT is a small extended detached house of 86m², built sometime between 1930 and 1949, which could now be worth an estimated £286,507. It was last sold for £267,500 in March 2022, which was around 10% below the average March 2022 detached price in the Erewash local authority area. The most recent EPC inspection was March 2020, where the current energy rating was D, and the potential energy rating was B.

1 NORMAN CRESCENT Sold Prices

Land registry data shows three sales for 1 NORMAN CRESCENT 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 NORMAN CRESCENT 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 31 MAR	£267,500	£297,840	10% below HPI
2020 1 OCT	£200,000	£261,550	24% below HPI
2017 27 JAN	£125,000	£222,056	44% below HPI

1 NORMAN CRESCENT 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 NORMAN CRESCENT sales between January 2017 and March 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 October 2020 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 NORMAN CRESCENT be worth now?

1 NORMAN CRESCENT might now be worth an estimated £286,507.

This is based on house price inflation of 7.1%, between March 2022 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 7.1% inflationary increase is applied to the most recent sale price for 1 NORMAN CRESCENT of £267,500 on 31st March 2022. For the value to have increased from £267,500 to £286,507 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 1 NORMAN CRESCENT has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2022 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 1 NORMAN CRESCENT has not materially changed since March 2022.

How Large is 1 NORMAN CRESCENT?

1 NORMAN CRESCENT is 86m², which includes two extensions, according to the EPC inspection conducted in March 2020. 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 NORMAN CRESCENT lies on this distribution: 34% of detached houses houses are smaller than 1 NORMAN CRESCENT, and 65% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

1 NORMAN CRESCENT: Plot and Title Map

1 NORMAN CRESCENT sits on a plot of roughly 0.059 of an acre, or 237m². The below map shows the location of 1 NORMAN CRESCENT, 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 NORMAN CRESCENT). 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 NORMAN CRESCENT?

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