14, COMMON LANE, STANLEY COMMON, ILKESTON, DE7 6GG - £153,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

14 COMMON LANE is a very small semi-detached house of 74m², built sometime between 1930 and 1949, which could now be worth an estimated £203,301. It was last sold for £153,000 in December 2018, which was around 4% below the average December 2018 semi-detached price in the Erewash local authority area. The most recent EPC inspection was June 2017, where the current energy rating was E, and the potential energy rating was C.

14 COMMON LANE Sold Prices

Land registry data shows two sales for 14 COMMON LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Both of the two 14 COMMON LANE 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
2018 14 DEC	£153,000	£159,238	4% below HPI
2018 26 MAR	£85,000	£152,220	44% below HPI

14 COMMON LANE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The two 14 COMMON LANE sales from March 2018 and December 2018 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 March 2018 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the December 2018 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 14 COMMON LANE be worth now?

14 COMMON LANE might now be worth an estimated £203,301.

This is based on house price inflation of 32.9%, between December 2018 and February 2025, for semi-detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 32.9% inflationary increase is applied to the most recent sale price for 14 COMMON LANE of £153,000 on 14th December 2018. For the value to have increased from £153,000 to £203,301 over the seven years and ten months to February 2025, the following assumptions must hold true:

• The value of 14 COMMON LANE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The December 2018 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 14 COMMON LANE has not materially changed since December 2018.

How Large is 14 COMMON LANE?

14 COMMON LANE is 74m² according to the EPC inspection conducted in June 2017. This puts it in the smallest 20% of semi-detached houses houses in Stanley Common, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stanley Common, and where 14 COMMON LANE lies on this distribution: 10% of semi-detached houses houses are smaller than 14 COMMON LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

14 COMMON LANE: Plot and Title Map

14 COMMON LANE sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 14 COMMON LANE, 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 COMMON LANE). 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 COMMON LANE?

14 COMMON LANE is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 14 on COMMON LANE.