11, GRESLEY ROAD, ILKESTON, DE7 5LX - £268,000

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

11 GRESLEY ROAD is a small extended detached house of 89m², built sometime between 1930 and 1949. It was last sold for £268,000 in November 2023, which was around 12% below the average November 2023 detached price in the Erewash local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

11 GRESLEY ROAD Sold Prices

Land registry data shows two sales for 11 GRESLEY 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 GRESLEY 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
2023 21 NOV	£268,000	£305,396	12% below HPI
2016 13 APR	£150,000	£204,936	27% below HPI

11 GRESLEY 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 GRESLEY ROAD sales from April 2016 and November 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 April 2016 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2023 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 11 GRESLEY ROAD?

11 GRESLEY ROAD is 89m², which includes one extension, according to the EPC inspection conducted in July 2023. This puts it in the smallest 40% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 11 GRESLEY ROAD lies on this distribution: 37% of detached houses are smaller than 11 GRESLEY ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

11 GRESLEY ROAD: Plot and Title Map

11 GRESLEY ROAD sits on a plot of roughly 0.056 of an acre, or 228m². The below map shows the location of 11 GRESLEY 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 GRESLEY 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 GRESLEY ROAD?

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