2, AVONLEA CLOSE, ILKESTON, DE7 5BL - £170,000

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.

2 AVONLEA CLOSE is a small extended semi-detached house of 76m², built sometime between 1967 and 1975, which could now be worth an estimated £229,027. It was last sold for £170,000 in May 2019, which was around 8% above the average May 2019 semi-detached price in the Erewash local authority area. The most recent EPC inspection was March 2011, where the current energy rating was C, and the potential energy rating was C.

2 AVONLEA CLOSE Sold Prices

Land registry data shows four sales for 2 AVONLEA CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. All of the four 2 AVONLEA 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
2019 3 MAY	£170,000	£157,057	8% above HPI
2011 18 AUG	£125,000	£111,396	12% above HPI
2004 15 OCT	£124,000	£112,478	10% above HPI
2003 19 DEC	£112,000	£95,638	17% above HPI

2 AVONLEA CLOSE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The four 2 AVONLEA CLOSE sales between December 2003 and May 2019 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 2011 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the May 2019 sale, where it falls to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 2 AVONLEA CLOSE be worth now?

2 AVONLEA CLOSE might now be worth an estimated £229,027.

This is based on house price inflation of 34.7%, between May 2019 and February 2025, for semi-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 34.7% inflationary increase is applied to the most recent sale price for 2 AVONLEA CLOSE of £170,000 on 3rd May 2019. For the value to have increased from £170,000 to £229,027 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 2 AVONLEA CLOSE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The May 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 2 AVONLEA CLOSE has not materially changed since May 2019.

How Large is 2 AVONLEA CLOSE?

2 AVONLEA CLOSE is 76m², which includes one extension, according to the EPC inspection conducted in March 2011. This puts it in the smallest 30% of semi-detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ilkeston, and where 2 AVONLEA CLOSE lies on this distribution: 24% of semi-detached houses houses are smaller than 2 AVONLEA CLOSE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

2 AVONLEA CLOSE: Plot and Title Map

2 AVONLEA CLOSE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 2 AVONLEA 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 2 AVONLEA 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 2 AVONLEA CLOSE?

2 AVONLEA CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 2 on AVONLEA CLOSE.