12, FARM CLOSE, ILKESTON, DE7 5ET - £247,500

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

12 FARM CLOSE is a large detached house of 111m². It was last sold for £247,500 in July 2014, which was around 32% above the average July 2014 detached price in the Erewash local authority area. The most recent EPC inspection was March 2010, where the current energy rating was C, and the potential energy rating was B.

12 FARM CLOSE Sold Prices

Land registry data shows two sales for 12 FARM 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 12 FARM CLOSE sales was for above the average price, whilst the other was 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
2014 30 JUL	£247,500	£187,829	32% above HPI
2006 10 APR	£120,000	£170,374	30% below HPI

12 FARM 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 12 FARM CLOSE sales from April 2006 and July 2014 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 2006 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the July 2014 sale, where it rises to 32% above the HPI. The line then continues to track at 32% above the HPI.

How Large is 12 FARM CLOSE?

12 FARM CLOSE is 111m² according to the EPC inspection conducted in March 2010. This puts it in the largest 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 12 FARM CLOSE lies on this distribution: 67% of detached houses are smaller than 12 FARM CLOSE, and 33% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

12 FARM CLOSE: Plot and Title Map

12 FARM CLOSE sits on a plot of roughly 0.113 of an acre, or 459m². The below map shows the location of 12 FARM 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 12 FARM 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 12 FARM CLOSE?

12 FARM CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 12 on FARM CLOSE.