18, NEWBRIDGE CLOSE, WEST HALLAM, ILKESTON, DE7 6LY - £150,000

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.

18 NEWBRIDGE CLOSE is a very small detached house of 69m², built sometime between 1983 and 1990, which could now be worth an estimated £274,325. It was last sold for £150,000 in May 2013, which was around 14% below the average May 2013 detached price in the Erewash local authority area. The most recent EPC inspection was January 2013, where the current energy rating was C, and the potential energy rating was B.

18 NEWBRIDGE CLOSE Sold Prices

Land registry data shows two sales for 18 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 18 NEWBRIDGE CLOSE 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
2013 23 MAY	£150,000	£174,430	14% below HPI
2003 14 JAN	£105,500	£129,606	19% below HPI

18 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 18 NEWBRIDGE CLOSE sales from January 2003 and May 2013 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 January 2003 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the May 2013 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 18 NEWBRIDGE CLOSE be worth now?

18 NEWBRIDGE CLOSE might now be worth an estimated £274,325.

This is based on house price inflation of 82.9%, between May 2013 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 82.9% inflationary increase is applied to the most recent sale price for 18 NEWBRIDGE CLOSE of £150,000 on 23rd May 2013. For the value to have increased from £150,000 to £274,325 over the twelve years and three months to February 2025, the following assumptions must hold true:

• The value of 18 NEWBRIDGE CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2013 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 18 NEWBRIDGE CLOSE has not materially changed since May 2013.

How Large is 18 NEWBRIDGE CLOSE?

18 NEWBRIDGE CLOSE is 69m² according to the EPC inspection conducted in January 2013. This puts it in the smallest 20% 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 18 NEWBRIDGE CLOSE lies on this distribution: 15% of detached houses houses are smaller than 18 NEWBRIDGE CLOSE, and 84% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

18 NEWBRIDGE CLOSE: Plot and Title Map

18 NEWBRIDGE CLOSE sits on a plot of roughly 0.064 of an acre, or 259m². The below map shows the location of 18 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 18 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 18 NEWBRIDGE CLOSE?

18 NEWBRIDGE CLOSE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 18 on NEWBRIDGE CLOSE.