2, CHARTER PARK, ILKESTON, DE7 5GA - £245,000

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 CHARTER PARK is a small detached house of 76m², built sometime between 1983 and 1990, which could now be worth an estimated £322,951. It was last sold for £245,000 in April 2019, which was around 1% above the average April 2019 detached price in the Erewash local authority area. The most recent EPC inspection was January 2019, where the current energy rating was C, and the potential energy rating was B.

2 CHARTER PARK Sold Prices

Land registry data shows two sales for 2 CHARTER PARK 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 2 CHARTER PARK 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 17 APR	£245,000	£242,005	1% above HPI
2010 23 APR	£197,000	£176,842	11% above HPI

2 CHARTER PARK 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 2 CHARTER PARK sales from April 2010 and April 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 April 2010 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the April 2019 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 2 CHARTER PARK be worth now?

2 CHARTER PARK might now be worth an estimated £322,951.

This is based on house price inflation of 31.8%, between April 2019 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 31.8% inflationary increase is applied to the most recent sale price for 2 CHARTER PARK of £245,000 on 17th April 2019. For the value to have increased from £245,000 to £322,951 over the six years and two months to February 2025, the following assumptions must hold true:

• The value of 2 CHARTER PARK has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2019 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 2 CHARTER PARK has not materially changed since April 2019.

How Large is 2 CHARTER PARK?

2 CHARTER PARK is 76m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 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 2 CHARTER PARK lies on this distribution: 24% of detached houses houses are smaller than 2 CHARTER PARK, and 75% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

2 CHARTER PARK: Plot and Title Map

2 CHARTER PARK sits on a plot of roughly 167.8 acres, or 679,159m². The below map shows the location of 2 CHARTER PARK, 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 CHARTER PARK). 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 CHARTER PARK?

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