14, CAVERSHAM WAY, WEST HALLAM, ILKESTON, DE7 6LN - £250,000

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

14 CAVERSHAM WAY is a large extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £250,000 in April 2020, which was around 2% above the average April 2020 detached price in the Erewash local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was B.

14 CAVERSHAM WAY Sold Prices

Land registry data shows two sales for 14 CAVERSHAM WAY 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 14 CAVERSHAM WAY 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
2020 3 APR	£250,000	£244,760	2% above HPI
2003 18 FEB	£171,000	£128,536	33% above HPI

14 CAVERSHAM WAY 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 14 CAVERSHAM WAY sales from February 2003 and April 2020 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 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the April 2020 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 14 CAVERSHAM WAY?

14 CAVERSHAM WAY is 115m², which includes one extension, according to the EPC inspection conducted in September 2016. This puts it in the largest 40% 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 14 CAVERSHAM WAY lies on this distribution: 66% of detached houses are smaller than 14 CAVERSHAM WAY, and 33% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

14 CAVERSHAM WAY: Plot and Title Map

14 CAVERSHAM WAY sits on a plot of roughly 0.107 of an acre, or 433m². The below map shows the location of 14 CAVERSHAM WAY, 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 14 CAVERSHAM WAY). 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 14 CAVERSHAM WAY?

14 CAVERSHAM WAY is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 14 on CAVERSHAM WAY.