15, BRAEFIELD CLOSE, ILKESTON, DE7 4JS - £181,000

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

15 BRAEFIELD CLOSE is a very small extended detached house of 68m², built sometime between 1976 and 1982. It was last sold for £181,000 in February 2021, which was around 31% below the average February 2021 detached price in the Erewash local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was C.

15 BRAEFIELD CLOSE Sold Prices

Land registry data shows two sales for 15 BRAEFIELD 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 15 BRAEFIELD 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 18 FEB	£181,000	£264,152	31% below HPI
2017 24 FEB	£126,500	£214,490	41% below HPI

15 BRAEFIELD 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 15 BRAEFIELD CLOSE sales from February 2017 and February 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 2017 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the February 2021 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 15 BRAEFIELD CLOSE?

15 BRAEFIELD CLOSE is 68m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 20% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 15 BRAEFIELD CLOSE lies on this distribution: 14% of detached houses are smaller than 15 BRAEFIELD CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

15 BRAEFIELD CLOSE: Plot and Title Map

15 BRAEFIELD CLOSE sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of 15 BRAEFIELD 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 15 BRAEFIELD 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 15 BRAEFIELD CLOSE?

15 BRAEFIELD CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 15 on BRAEFIELD CLOSE.