22, CHICHESTER CLOSE, ILKESTON, DE7 5EW - £265,000

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 CHICHESTER CLOSE is a very small detached house of 59m², built sometime between 1976 and 1982. It was last sold for £265,000 in November 2022, which was around 13% below the average November 2022 detached price in the Erewash local authority area. The most recent EPC inspection was September 2020, where the current energy rating was D, and the potential energy rating was B.

22 CHICHESTER CLOSE Sold Prices

Land registry data shows two sales for 22 CHICHESTER CLOSE 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 22 CHICHESTER CLOSE 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 25 NOV	£265,000	£303,280	13% below HPI
2021 26 FEB	£160,000	£264,152	39% below HPI

22 CHICHESTER CLOSE 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 22 CHICHESTER CLOSE sales from February 2021 and November 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 February 2021 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the November 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 22 CHICHESTER CLOSE?

22 CHICHESTER CLOSE is 59m² according to the EPC inspection conducted in September 2020. This puts it in the smallest 10% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 22 CHICHESTER CLOSE lies on this distribution: 7% of detached houses are smaller than 22 CHICHESTER CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

22 CHICHESTER CLOSE: Plot and Title Map

22 CHICHESTER CLOSE sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 22 CHICHESTER CLOSE, 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 CHICHESTER CLOSE). 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 CHICHESTER CLOSE?

22 CHICHESTER CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 22 on CHICHESTER CLOSE.