14, HAYS CLOSE, ILKESTON, DE7 9JT - £170,000

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 HAYS CLOSE is a small detached house of 86m², built sometime between 1996 and 2002, which could now be worth an estimated £302,707. It was last sold for £170,000 in September 2012, which was around 5% below the average September 2012 detached price in the Erewash local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

14 HAYS CLOSE Sold Prices

Land registry data shows three sales for 14 HAYS CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Two of the three 14 HAYS CLOSE sales were for below the average price, whilst one was 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
2012 18 SEP	£170,000	£179,152	5% below HPI
2004 30 APR	£154,950	£160,625	4% below HPI
1997 22 APR	£67,950	£65,291	4% above HPI

14 HAYS 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 three 14 HAYS CLOSE sales between April 1997 and September 2012 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 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the September 2012 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 14 HAYS CLOSE be worth now?

14 HAYS CLOSE might now be worth an estimated £302,707.

This is based on house price inflation of 78.1%, between September 2012 and February 2025, for 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 78.1% inflationary increase is applied to the most recent sale price for 14 HAYS CLOSE of £170,000 on 18th September 2012. For the value to have increased from £170,000 to £302,707 over the thirteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 14 HAYS CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2012 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 14 HAYS CLOSE has not materially changed since September 2012.

How Large is 14 HAYS CLOSE?

14 HAYS CLOSE is 86m² according to the EPC inspection conducted in July 2012. This puts it in the smallest 40% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 14 HAYS CLOSE lies on this distribution: 34% of detached houses houses are smaller than 14 HAYS CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

14 HAYS CLOSE: Plot and Title Map

14 HAYS CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 14 HAYS 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 14 HAYS 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 14 HAYS CLOSE?

14 HAYS CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 14 on HAYS CLOSE.