Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
2 ELVEDEN DRIVE is a large detached house of 126m², built sometime between 1991 and 1995. It was last sold for £175,000 in August 2010, which was around 1% below the average August 2010 detached price in the Erewash local authority area. The most recent EPC inspection was April 2010, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows two sales for 2 ELVEDEN DRIVE since 1st 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. One of the two 2 ELVEDEN DRIVE sales was for below the average price, whilst the other was 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 |
---|---|---|---|
2010 27 AUG | £175,000 | £176,730 | 1% below HPI |
1995 21 DEC | £68,919 | £60,622 | 14% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 2 ELVEDEN DRIVE sales from December 1995 and August 2010 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 1995 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the August 2010 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.
2 ELVEDEN DRIVE is 126m² according to the EPC inspection conducted in April 2010. 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 2 ELVEDEN DRIVE lies on this distribution: 79% of detached houses are smaller than 2 ELVEDEN DRIVE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.
2 ELVEDEN DRIVE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 2 ELVEDEN DRIVE, 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 ELVEDEN DRIVE). 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.
2 ELVEDEN DRIVE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 2 on ELVEDEN DRIVE.