2, SUMMERFIELDS WAY, ILKESTON, DE7 9HF - £66,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 SUMMERFIELDS WAY is a small semi-detached house of 81m², built sometime between 1983 and 1990, which could now be worth an estimated £99,124. It was last sold for £66,000 in November 2016, which was around 53% below the average November 2016 semi-detached price in the Erewash local authority area. The most recent EPC inspection was June 2009, where the current energy rating was C, and the potential energy rating was C.

2 SUMMERFIELDS WAY Sold Prices

Land registry data shows four sales for 2 SUMMERFIELDS WAY 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 SUMMERFIELDS WAY sales were for below 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
2016 4 NOV	£66,000	£140,884	53% below HPI
2010 29 JAN	£102,000	£110,508	8% below HPI
2003 4 APR	£81,000	£83,036	2% below HPI
1999 23 APR	£40,000	£42,097	5% below HPI

2 SUMMERFIELDS WAY 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 SUMMERFIELDS WAY sales between April 1999 and November 2016 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 January 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the November 2016 sale, where it falls to 53% below the HPI. The line then continues to track at 53% below the HPI.

What might 2 SUMMERFIELDS WAY be worth now?

2 SUMMERFIELDS WAY might now be worth an estimated £99,124.

This is based on house price inflation of 50.2%, between November 2016 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 50.2% inflationary increase is applied to the most recent sale price for 2 SUMMERFIELDS WAY of £66,000 on 4th November 2016. For the value to have increased from £66,000 to £99,124 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 SUMMERFIELDS WAY has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The November 2016 sale price of £66,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SUMMERFIELDS WAY has not materially changed since November 2016.

How Large is 2 SUMMERFIELDS WAY?

2 SUMMERFIELDS WAY is 81m² according to the EPC inspection conducted in June 2009. 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 SUMMERFIELDS WAY lies on this distribution: 28% of semi-detached houses houses are smaller than 2 SUMMERFIELDS WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

2 SUMMERFIELDS WAY: Plot and Title Map

2 SUMMERFIELDS WAY sits on a plot of roughly 0.065 of an acre, or 263m². The below map shows the location of 2 SUMMERFIELDS WAY, 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 SUMMERFIELDS WAY). 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 SUMMERFIELDS WAY?

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