16, BROADWAY, ILKESTON, DE7 8TD - £155,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

16 BROADWAY is a very small detached house of 69m², built sometime between 1976 and 1982. It was last sold for £155,000 in June 2016, which was around 25% below the average June 2016 detached price in the Erewash local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was D.

16 BROADWAY Sold Prices

Land registry data shows two sales for 16 BROADWAY 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 16 BROADWAY 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
2016 15 JUN	£155,000	£207,240	25% below HPI
2011 30 NOV	£97,500	£169,082	42% below HPI

16 BROADWAY 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 16 BROADWAY sales from November 2011 and June 2016 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 November 2011 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the June 2016 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 16 BROADWAY?

16 BROADWAY is 69m² according to the EPC inspection conducted in May 2011. 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 16 BROADWAY lies on this distribution: 16% of detached houses are smaller than 16 BROADWAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

16 BROADWAY: Plot and Title Map

16 BROADWAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 16 BROADWAY, 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 16 BROADWAY). 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 16 BROADWAY?

16 BROADWAY is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 16 on BROADWAY.