18, LANEWARD CLOSE, ILKESTON, DE7 8RH - £310,000

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

18 LANEWARD CLOSE is a large extended detached house of 124m², built sometime between 1996 and 2002. It was last sold for £310,000 in November 2021, which was around 9% above the average November 2021 detached price in the Erewash local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was B.

18 LANEWARD CLOSE Sold Prices

Land registry data shows three sales for 18 LANEWARD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. One of the three 18 LANEWARD CLOSE sales was for above the average price, whilst two 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
2021 26 NOV	£310,000	£284,031	9% above HPI
2017 8 DEC	£221,000	£227,292	3% below HPI
1996 15 MAY	£59,995	£60,299	1% below HPI

18 LANEWARD 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 three 18 LANEWARD CLOSE sales between May 1996 and November 2021 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 December 2017 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the November 2021 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 18 LANEWARD CLOSE?

18 LANEWARD CLOSE is 124m², which includes one extension, according to the EPC inspection conducted in July 2017. This puts it in the largest 30% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 18 LANEWARD CLOSE lies on this distribution: 77% of detached houses are smaller than 18 LANEWARD CLOSE, and 22% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

18 LANEWARD CLOSE: Plot and Title Map

18 LANEWARD CLOSE sits on a plot of roughly 0.068 of an acre, or 274m². The below map shows the location of 18 LANEWARD 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 18 LANEWARD 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 18 LANEWARD CLOSE?

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