1, REDBRIDGE CLOSE, ILKESTON, DE7 5BZ - £157,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

1 REDBRIDGE CLOSE is a large detached house of 123m², built sometime from 2007 onwards. It was last sold for £157,000 in February 2019, which was around 35% below the average February 2019 detached price in the Erewash local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

1 REDBRIDGE CLOSE Sold Prices

Land registry data shows two sales for 1 REDBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. One of the two 1 REDBRIDGE CLOSE sales was for below the average price, whilst the other was 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
2019 12 FEB	£157,000	£241,776	35% below HPI
2007 27 NOV	£249,950	£190,003	32% above HPI

1 REDBRIDGE 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 two 1 REDBRIDGE CLOSE sales from November 2007 and February 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 November 2007 sale was for 32% above the HPI. So the extrapolation line tracks at 32% above the HPI over time, until the February 2019 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 1 REDBRIDGE CLOSE?

1 REDBRIDGE CLOSE is 123m² according to the EPC inspection conducted in August 2013. This puts it in the largest 30% 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 REDBRIDGE CLOSE lies on this distribution: 76% of detached houses are smaller than 1 REDBRIDGE CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

1 REDBRIDGE CLOSE: Plot and Title Map

1 REDBRIDGE CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 1 REDBRIDGE 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 REDBRIDGE 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 REDBRIDGE CLOSE?

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