22, LANEWARD CLOSE, ILKESTON, DE7 8RH - £178,000

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 LANEWARD CLOSE is a small extended detached house of 80m², built sometime between 1996 and 2002. It was last sold for £178,000 in April 2004, which was around 14% above the average April 2004 detached price in the Erewash local authority area. The most recent EPC inspection was September 2024, where the current energy rating was C, and the potential energy rating was B.

22 LANEWARD CLOSE Sold Prices

Land registry data shows three sales for 22 LANEWARD CLOSE 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 LANEWARD CLOSE 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
2004 8 APR	£178,000	£155,801	14% above HPI
2002 28 MAR	£115,000	£93,967	22% above HPI
1995 30 NOV	£68,000	£59,393	14% above HPI

22 LANEWARD 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 three 22 LANEWARD CLOSE sales between November 1995 and April 2004 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 March 2002 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the April 2004 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 22 LANEWARD CLOSE?

22 LANEWARD CLOSE is 80m², which includes one extension, according to the EPC inspection conducted in September 2024. 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 LANEWARD CLOSE lies on this distribution: 27% of detached houses are smaller than 22 LANEWARD CLOSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

22 LANEWARD CLOSE: Plot and Title Map

22 LANEWARD CLOSE sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 22 LANEWARD 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 LANEWARD 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 LANEWARD CLOSE?

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