2, HEDGES DRIVE, ILKESTON, DE7 4PU - £332,000

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 HEDGES DRIVE is a large detached house of 120m², built sometime between 1996 and 2002. It was last sold for £332,000 in June 2018, which was around 45% above the average June 2018 detached price in the Erewash local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

2 HEDGES DRIVE Sold Prices

Land registry data shows three sales for 2 HEDGES DRIVE 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. All of the three 2 HEDGES DRIVE 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
2018 1 JUN	£332,000	£229,249	45% above HPI
2017 24 FEB	£238,000	£214,490	11% above HPI
2001 8 JUN	£139,950	£86,855	61% above HPI

2 HEDGES DRIVE 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 2 HEDGES DRIVE sales between June 2001 and June 2018 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 February 2017 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2018 sale, where it rises to 45% above the HPI. The line then continues to track at 45% above the HPI.

How Large is 2 HEDGES DRIVE?

2 HEDGES DRIVE is 120m² according to the EPC inspection conducted in February 2016. 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 HEDGES DRIVE lies on this distribution: 74% of detached houses are smaller than 2 HEDGES DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

2 HEDGES DRIVE: Plot and Title Map

2 HEDGES DRIVE sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 2 HEDGES 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 HEDGES 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.

Where is 2 HEDGES DRIVE?

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