16, CHERITON DRIVE, ILKESTON, DE7 9HP - £156,000

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

16 CHERITON DRIVE is a very small detached house of 57m², built sometime between 1976 and 1982. It was last sold for £156,000 in February 2016, which was around 24% below the average February 2016 detached price in the Erewash local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

16 CHERITON DRIVE Sold Prices

Land registry data shows two sales for 16 CHERITON DRIVE 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 CHERITON DRIVE 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 5 FEB	£156,000	£205,513	24% below HPI
1996 24 OCT	£58,000	£61,423	6% below HPI

16 CHERITON DRIVE 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 CHERITON DRIVE sales from October 1996 and February 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 October 1996 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the February 2016 sale, where it falls to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is 16 CHERITON DRIVE?

16 CHERITON DRIVE is 57m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% 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 CHERITON DRIVE lies on this distribution: 5% of detached houses are smaller than 16 CHERITON DRIVE, and 94% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

16 CHERITON DRIVE: Plot and Title Map

16 CHERITON DRIVE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 16 CHERITON DRIVE, 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 CHERITON DRIVE). 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 CHERITON DRIVE?

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