10, THE VILLAGE, WEST HALLAM, ILKESTON, DE7 6GR - £325,000

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

10 THE VILLAGE is a very small detached house of 72m², built sometime before 1900. It was last sold for £325,000 in January 2023, which was around 5% above the average January 2023 detached price in the Erewash local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

10 THE VILLAGE Sold Prices

Land registry data shows three sales for 10 THE VILLAGE 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. The three 10 THE VILLAGE sales were a mix of above the average price, and roughly equal to 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
2023 6 JAN	£325,000	£308,719	5% above HPI
2010 14 OCT	£190,000	£174,680	9% above HPI
2005 11 APR	£165,000	£165,357	Close to HPI

10 THE VILLAGE 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 10 THE VILLAGE sales between April 2005 and January 2023 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 2010 sale was for 9% above the HPI. So the extrapolation line tracks at 9% above the HPI over time, until the January 2023 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

How Large is 10 THE VILLAGE?

10 THE VILLAGE is 72m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 10 THE VILLAGE lies on this distribution: 20% of detached houses are smaller than 10 THE VILLAGE, and 79% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

10 THE VILLAGE: Plot and Title Map

10 THE VILLAGE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 10 THE VILLAGE, 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 10 THE VILLAGE). 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 10 THE VILLAGE?

10 THE VILLAGE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 10 on THE VILLAGE.