2, WINCHESTER CRESCENT, ILKESTON, DE7 5EJ - £232,000

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 WINCHESTER CRESCENT is a very small detached house of 70m², built sometime between 1950 and 1966, which could now be worth an estimated £244,509. It was last sold for £232,000 in May 2022, which was around 24% below the average May 2022 detached price in the Erewash local authority area. The most recent EPC inspection was June 2019, where the current energy rating was C, and the potential energy rating was B.

2 WINCHESTER CRESCENT Sold Prices

Land registry data shows three sales for 2 WINCHESTER CRESCENT 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 WINCHESTER CRESCENT 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
2022 13 MAY	£232,000	£305,964	24% below HPI
2019 17 OCT	£155,000	£245,395	37% below HPI
2011 13 APR	£120,000	£172,130	30% below HPI

2 WINCHESTER CRESCENT 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 WINCHESTER CRESCENT sales between April 2011 and May 2022 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 2019 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the May 2022 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

What might 2 WINCHESTER CRESCENT be worth now?

2 WINCHESTER CRESCENT might now be worth an estimated £244,509.

This is based on house price inflation of 5.4%, between May 2022 and December 2024, 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 5.4% inflationary increase is applied to the most recent sale price for 2 WINCHESTER CRESCENT of £232,000 on 13th May 2022. For the value to have increased from £232,000 to £244,509 over the one year and five months to December 2024, the following assumptions must hold true:

• The value of 2 WINCHESTER CRESCENT has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2022 sale price of £232,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WINCHESTER CRESCENT has not materially changed since May 2022.

How Large is 2 WINCHESTER CRESCENT?

2 WINCHESTER CRESCENT is 70m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 20% 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 WINCHESTER CRESCENT lies on this distribution: 16% of detached houses houses are smaller than 2 WINCHESTER CRESCENT, and 83% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

2 WINCHESTER CRESCENT: Plot and Title Map

2 WINCHESTER CRESCENT sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 2 WINCHESTER CRESCENT, 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 WINCHESTER CRESCENT). 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 WINCHESTER CRESCENT?

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