20, OAKHAM WAY, ILKESTON, DE7 8TF - £182,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

20 OAKHAM WAY is a small extended detached house of 80m², built sometime between 1967 and 1975. It was last sold for £182,000 in July 2021, which was around 32% below the average July 2021 detached price in the Erewash local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was B.

20 OAKHAM WAY Sold Prices

Land registry data shows two sales for 20 OAKHAM WAY since 1^st 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. Both of the two 20 OAKHAM 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
2021 2 JUL	£182,000	£268,765	32% below HPI
2005 27 SEP	£60,000	£174,268	66% below HPI

20 OAKHAM WAY 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 two 20 OAKHAM WAY sales from September 2005 and July 2021 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 September 2005 sale was for 66% below the HPI. So the extrapolation line tracks at 66% below the HPI over time, until the July 2021 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 20 OAKHAM WAY?

20 OAKHAM WAY is 80m², which includes two extensions, according to the EPC inspection conducted in October 2020. This puts it in the smallest 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 20 OAKHAM WAY lies on this distribution: 27% of detached houses are smaller than 20 OAKHAM WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

20 OAKHAM WAY: Plot and Title Map

20 OAKHAM WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 20 OAKHAM 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 20 OAKHAM 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 20 OAKHAM WAY?

20 OAKHAM WAY is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 20 on OAKHAM WAY.