17, NEWBRIDGE CLOSE, WEST HALLAM, ILKESTON, DE7 6LY - £258,500

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.

17 NEWBRIDGE CLOSE is a large extended detached house of 122m², built sometime between 1976 and 1982, which could now be worth an estimated £335,824. It was last sold for £258,500 in September 2018, which was around 5% above the average September 2018 detached price in the Erewash local authority area. The most recent EPC inspection was May 2018, where the current energy rating was E, and the potential energy rating was C.

17 NEWBRIDGE CLOSE Sold Prices

Land registry data shows two sales for 17 NEWBRIDGE 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 17 NEWBRIDGE CLOSE sales were for above 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
2018 7 SEP	£258,500	£245,552	5% above HPI
2002 26 APR	£134,000	£101,034	33% above HPI

17 NEWBRIDGE 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 17 NEWBRIDGE CLOSE sales from April 2002 and September 2018 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 April 2002 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2018 sale, where it falls to 5% above the HPI. The line then continues to track at 5% above the HPI.

What might 17 NEWBRIDGE CLOSE be worth now?

17 NEWBRIDGE CLOSE might now be worth an estimated £335,824.

This is based on house price inflation of 29.9%, between September 2018 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 29.9% inflationary increase is applied to the most recent sale price for 17 NEWBRIDGE CLOSE of £258,500 on 7th September 2018. For the value to have increased from £258,500 to £335,824 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 17 NEWBRIDGE CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2018 sale price of £258,500 represented a fair market value for the property.
• The size, condition, and specification of 17 NEWBRIDGE CLOSE has not materially changed since September 2018.

How Large is 17 NEWBRIDGE CLOSE?

17 NEWBRIDGE CLOSE is 122m², which includes one extension, according to the EPC inspection conducted in May 2018. This puts it in the largest 30% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 17 NEWBRIDGE CLOSE lies on this distribution: 71% of detached houses houses are smaller than 17 NEWBRIDGE CLOSE, and 28% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

17 NEWBRIDGE CLOSE: Plot and Title Map

17 NEWBRIDGE CLOSE sits on a plot of roughly 0.103 of an acre, or 418m². The below map shows the location of 17 NEWBRIDGE 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 17 NEWBRIDGE 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 17 NEWBRIDGE CLOSE?

17 NEWBRIDGE CLOSE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 17 on NEWBRIDGE CLOSE.