214, PARK ROAD, ILKESTON, DE7 5DQ - £225,000

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

214 PARK ROAD is a small detached house of 75m², built sometime between 1950 and 1966. It was last sold for £225,000 in August 2024, which was around 26% below the average August 2024 detached price in the Erewash local authority area. The most recent EPC inspection was August 2015, where the current energy rating was D, and the potential energy rating was B.

214 PARK ROAD Sold Prices

Land registry data shows three sales for 214 PARK ROAD 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 214 PARK ROAD 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
2024 6 AUG	£225,000	£303,968	26% below HPI
2015 14 DEC	£154,000	£205,014	25% below HPI
2000 26 JAN	£53,000	£70,175	24% below HPI

214 PARK ROAD 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 214 PARK ROAD sales between January 2000 and August 2024 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 December 2015 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the August 2024 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

How Large is 214 PARK ROAD?

214 PARK ROAD is 75m² according to the EPC inspection conducted in August 2015. 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 214 PARK ROAD lies on this distribution: 22% of detached houses are smaller than 214 PARK ROAD, and 77% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

214 PARK ROAD: Plot and Title Map

214 PARK ROAD sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 214 PARK ROAD, 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 214 PARK ROAD). 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 214 PARK ROAD?

214 PARK ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 214 on PARK ROAD.