22, CORPORATION ROAD, ILKESTON, DE7 4AX - £113,000

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

22 CORPORATION ROAD is a small detached house of 81m², built sometime between 1930 and 1949. It was last sold for £113,000 in December 2020, which was around 56% below the average December 2020 detached price in the Erewash local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

22 CORPORATION ROAD Sold Prices

Land registry data shows two sales for 22 CORPORATION ROAD 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 CORPORATION 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
2020 10 DEC	£113,000	£259,121	56% below HPI
2020 21 SEP	£107,000	£250,162	57% below HPI

22 CORPORATION 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 two 22 CORPORATION ROAD sales from September 2020 and December 2020 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 2020 sale was for 57% below the HPI. So the extrapolation line tracks at 57% below the HPI over time, until the December 2020 sale, where it rises to 56% below the HPI. The line then continues to track at 56% below the HPI.

How Large is 22 CORPORATION ROAD?

22 CORPORATION ROAD is 81m² according to the EPC inspection conducted in August 2021. 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 22 CORPORATION ROAD lies on this distribution: 28% of detached houses are smaller than 22 CORPORATION ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

22 CORPORATION ROAD: Plot and Title Map

22 CORPORATION ROAD sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 22 CORPORATION 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 22 CORPORATION 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 22 CORPORATION ROAD?

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