11, ELKA ROAD, ILKESTON, DE7 4SE - £226,000

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.

11 ELKA ROAD is a small detached house of 79m², which could now be worth an estimated £242,058. It was last sold for £226,000 in March 2022, which was around 24% below the average March 2022 detached price in the Erewash local authority area. The most recent EPC inspection was February 2019, where the current energy rating was B, and the potential energy rating was A.

11 ELKA ROAD Sold Prices

Land registry data shows two sales for 11 ELKA ROAD 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. Both of the two 11 ELKA ROAD 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	£226,000	£297,840	24% below HPI
2018 29 JUN	£220,000	£236,347	7% below HPI

11 ELKA ROAD 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 11 ELKA ROAD sales from June 2018 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 June 2018 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2022 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 11 ELKA ROAD be worth now?

11 ELKA ROAD might now be worth an estimated £242,058.

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 11 ELKA ROAD of £226,000 on 31st March 2022. For the value to have increased from £226,000 to £242,058 over the three years and one month to February 2025, the following assumptions must hold true:

• The value of 11 ELKA ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2022 sale price of £226,000 represented a fair market value for the property.
• The size, condition, and specification of 11 ELKA ROAD has not materially changed since March 2022.

How Large is 11 ELKA ROAD?

11 ELKA ROAD is 79m² according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% 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 11 ELKA ROAD lies on this distribution: 26% of detached houses houses are smaller than 11 ELKA ROAD, and 73% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

11 ELKA ROAD: Plot and Title Map

11 ELKA ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 11 ELKA ROAD, 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 11 ELKA ROAD). 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 11 ELKA ROAD?

11 ELKA ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 11 on ELKA ROAD.