122, HIGH LANE WEST, WEST HALLAM, ILKESTON, DE7 6HP - £445,000

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

122 HIGH LANE WEST is a large extended detached house of 131m², built sometime between 1930 and 1949. It was last sold for £445,000 in March 2021, which was around 68% above the average March 2021 detached price in the Erewash local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

122 HIGH LANE WEST Sold Prices

Land registry data shows two sales for 122 HIGH LANE WEST 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 122 HIGH LANE WEST sales were for above 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 2 MAR	£445,000	£265,542	68% above HPI
2003 13 FEB	£143,000	£128,536	11% above HPI

122 HIGH LANE WEST 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 122 HIGH LANE WEST sales from February 2003 and March 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 February 2003 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the March 2021 sale, where it rises to 68% above the HPI. The line then continues to track at 68% above the HPI.

How Large is 122 HIGH LANE WEST?

122 HIGH LANE WEST is 131m², which includes two extensions, according to the EPC inspection conducted in June 2020. This puts it in the largest 30% 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 122 HIGH LANE WEST lies on this distribution: 76% of detached houses are smaller than 122 HIGH LANE WEST, and 23% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

122 HIGH LANE WEST: Plot and Title Map

122 HIGH LANE WEST sits on a plot of roughly 0.198 of an acre, or 802m². The below map shows the location of 122 HIGH LANE WEST, 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 122 HIGH LANE WEST). 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 122 HIGH LANE WEST?

122 HIGH LANE WEST is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 122 on HIGH LANE WEST.