2, SPARROW CLOSE, ILKESTON, DE7 4PW - £222,000

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 SPARROW CLOSE is a very large extended detached house of 136m², built sometime between 1996 and 2002. It was last sold for £222,000 in May 2014, which was around 21% above the average May 2014 detached price in the Erewash local authority area. The most recent EPC inspection was January 2014, where the current energy rating was D, and the potential energy rating was C.

2 SPARROW CLOSE Sold Prices

Land registry data shows three sales for 2 SPARROW CLOSE 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 SPARROW 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
2014 6 MAY	£222,000	£182,878	21% above HPI
2001 11 OCT	£126,950	£92,474	37% above HPI
1999 29 OCT	£98,950	£74,205	33% above HPI

2 SPARROW 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 three 2 SPARROW CLOSE sales between October 1999 and May 2014 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 October 2001 sale was for 37% above the HPI. So the extrapolation line tracks at 37% above the HPI over time, until the May 2014 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

How Large is 2 SPARROW CLOSE?

2 SPARROW CLOSE is 136m², which includes two extensions, according to the EPC inspection conducted in January 2014. This puts it in the largest 20% 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 SPARROW CLOSE lies on this distribution: 86% of detached houses are smaller than 2 SPARROW CLOSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

2 SPARROW CLOSE: Plot and Title Map

2 SPARROW CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 2 SPARROW 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 SPARROW 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 SPARROW CLOSE?

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