18, GRESLEY ROAD, ILKESTON, DE7 5LX - £155,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

18 GRESLEY ROAD is a large extended detached house of 124m², built sometime between 1900 and 1929, which could now be worth an estimated £287,257. It was last sold for £155,000 in April 2011, which was around 10% below the average April 2011 detached price in the Erewash local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

18 GRESLEY ROAD Sold Prices

Land registry data shows two sales for 18 GRESLEY ROAD 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 18 GRESLEY 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 18 APR	£155,000	£172,130	10% below HPI
2002 30 AUG	£99,995	£116,809	14% below HPI

18 GRESLEY 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 two 18 GRESLEY ROAD sales from August 2002 and April 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 August 2002 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2011 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 18 GRESLEY ROAD be worth now?

18 GRESLEY ROAD might now be worth an estimated £287,257.

This is based on house price inflation of 85.3%, between April 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 85.3% inflationary increase is applied to the most recent sale price for 18 GRESLEY ROAD of £155,000 on 18th April 2011. For the value to have increased from £155,000 to £287,257 over the fourteen years and two months to February 2025, the following assumptions must hold true:

• The value of 18 GRESLEY ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2011 sale price of £155,000 represented a fair market value for the property.
• The size, condition, and specification of 18 GRESLEY ROAD has not materially changed since April 2011.

How Large is 18 GRESLEY ROAD?

18 GRESLEY ROAD is 124m², which includes one extension, according to the EPC inspection conducted in June 2019. This puts it in the largest 30% 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 18 GRESLEY ROAD lies on this distribution: 77% of detached houses houses are smaller than 18 GRESLEY ROAD, and 22% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

18 GRESLEY ROAD: Plot and Title Map

18 GRESLEY ROAD sits on a plot of roughly 0.090 of an acre, or 363m². The below map shows the location of 18 GRESLEY 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 18 GRESLEY 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 18 GRESLEY ROAD?

18 GRESLEY ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 18 on GRESLEY ROAD.