12, TIB MEADOW CLOSE, ILKESTON, DE7 4SP - £249,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 TIB MEADOW CLOSE is a midsized detached house of 92m². It was last sold for £249,000 in May 2021, which was around 6% below the average May 2021 detached price in the Erewash local authority area. The most recent EPC inspection was January 2019, where the current energy rating was B, and the potential energy rating was A.

12 TIB MEADOW CLOSE Sold Prices

Land registry data shows two sales for 12 TIB MEADOW 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. Both of the two 12 TIB MEADOW CLOSE 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
2021 7 MAY	£249,000	£266,027	6% below HPI
2018 29 JUN	£224,995	£229,249	2% below HPI

12 TIB MEADOW 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 TIB MEADOW CLOSE sales from June 2018 and May 2021 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 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2021 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

How Large is 12 TIB MEADOW CLOSE?

12 TIB MEADOW CLOSE is 92m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 50% 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 TIB MEADOW CLOSE lies on this distribution: 42% of detached houses are smaller than 12 TIB MEADOW CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

12 TIB MEADOW CLOSE: Plot and Title Map

12 TIB MEADOW CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 12 TIB MEADOW 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 TIB MEADOW 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 TIB MEADOW CLOSE?

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