16, WESLEY STREET, ILKESTON, DE7 8QW - £196,000

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 WESLEY STREET is a small extended detached house of 86m², built sometime between 2003 and 2006. It was last sold for £196,000 in September 2023, which was around 37% below the average September 2023 detached price in the Erewash local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

16 WESLEY STREET Sold Prices

Land registry data shows two sales for 16 WESLEY STREET 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 WESLEY STREET 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
2023 25 SEP	£196,000	£312,869	37% below HPI
2022 24 MAR	£180,000	£288,895	38% below HPI

16 WESLEY STREET 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 WESLEY STREET sales from March 2022 and September 2023 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 March 2022 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the September 2023 sale, where it rises to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 16 WESLEY STREET?

16 WESLEY STREET is 86m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% 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 WESLEY STREET lies on this distribution: 34% of detached houses are smaller than 16 WESLEY STREET, and 65% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

16 WESLEY STREET: Plot and Title Map

16 WESLEY STREET sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 16 WESLEY STREET, 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 WESLEY STREET). 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 WESLEY STREET?

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