15, WATSON ROAD, ILKESTON, DE7 9LA - £152,000

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.

15 WATSON ROAD is a midsized extended detached house of 94m², built sometime between 1996 and 2002, which could now be worth an estimated £275,312. It was last sold for £152,000 in October 2011, which was around 14% below the average October 2011 detached price in the Erewash local authority area. The most recent EPC inspection was April 2011, where the current energy rating was D, and the potential energy rating was C.

15 WATSON ROAD Sold Prices

Land registry data shows four sales for 15 WATSON ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Most of the four 15 WATSON ROAD 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
2011 14 OCT	£152,000	£176,122	14% below HPI
2009 28 JUL	£150,000	£168,114	11% below HPI
2004 4 JUN	£157,000	£169,815	8% below HPI
1996 29 NOV	£74,950	£63,675	18% above HPI

15 WATSON ROAD 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 four 15 WATSON ROAD sales between November 1996 and October 2011 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 July 2009 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the October 2011 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 15 WATSON ROAD be worth now?

15 WATSON ROAD might now be worth an estimated £275,312.

This is based on house price inflation of 81.1%, between October 2011 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 81.1% inflationary increase is applied to the most recent sale price for 15 WATSON ROAD of £152,000 on 14th October 2011. For the value to have increased from £152,000 to £275,312 over the fourteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 15 WATSON ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2011 sale price of £152,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WATSON ROAD has not materially changed since October 2011.

How Large is 15 WATSON ROAD?

15 WATSON ROAD is 94m², which includes one extension, according to the EPC inspection conducted in April 2011. This puts it in the smallest 50% 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 15 WATSON ROAD lies on this distribution: 46% of detached houses houses are smaller than 15 WATSON ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

15 WATSON ROAD: Plot and Title Map

15 WATSON ROAD sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 15 WATSON ROAD, 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 WATSON ROAD). 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 WATSON ROAD?

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