22, CAVERSHAM WAY, WEST HALLAM, ILKESTON, DE7 6LN - £342,000

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

22 CAVERSHAM WAY is a large extended detached house of 133m², built sometime between 1991 and 1995. It was last sold for £342,000 in March 2021, which was around 29% above the average March 2021 detached price in the Erewash local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was C.

22 CAVERSHAM WAY Sold Prices

Land registry data shows three sales for 22 CAVERSHAM WAY 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 22 CAVERSHAM WAY 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
2021 12 MAR	£342,000	£265,542	29% above HPI
2011 21 JAN	£278,500	£176,196	58% above HPI
2003 31 OCT	£198,000	£150,601	31% above HPI

22 CAVERSHAM 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 three 22 CAVERSHAM WAY sales between October 2003 and March 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 January 2011 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the March 2021 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 22 CAVERSHAM WAY?

22 CAVERSHAM WAY is 133m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 22 CAVERSHAM WAY lies on this distribution: 77% of detached houses are smaller than 22 CAVERSHAM WAY, and 22% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

22 CAVERSHAM WAY: Plot and Title Map

22 CAVERSHAM WAY sits on a plot of roughly 0.125 of an acre, or 506m². The below map shows the location of 22 CAVERSHAM 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 22 CAVERSHAM 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 22 CAVERSHAM WAY?

22 CAVERSHAM WAY is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 22 on CAVERSHAM WAY.