22, STANLEY CLOSE, ILKESTON, DE7 4NA - £120,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

22 STANLEY CLOSE is a small detached house of 75m², built sometime between 1976 and 1982, which could now be worth an estimated £155,895. It was last sold for £120,000 in September 2018, which was around 51% below the average September 2018 detached price in the Erewash local authority area. The most recent EPC inspection was December 2008, where the current energy rating was D, and the potential energy rating was C.

22 STANLEY CLOSE Sold Prices

Land registry data shows three sales for 22 STANLEY 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 STANLEY 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
2018 20 SEP	£120,000	£245,552	51% below HPI
2013 28 JUN	£125,000	£174,094	28% below HPI
2006 28 APR	£130,000	£175,649	26% below HPI

22 STANLEY 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 STANLEY CLOSE sales between April 2006 and September 2018 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 June 2013 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2018 sale, where it falls to 51% below the HPI. The line then continues to track at 51% below the HPI.

What might 22 STANLEY CLOSE be worth now?

22 STANLEY CLOSE might now be worth an estimated £155,895.

This is based on house price inflation of 29.9%, between September 2018 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 29.9% inflationary increase is applied to the most recent sale price for 22 STANLEY CLOSE of £120,000 on 20th September 2018. For the value to have increased from £120,000 to £155,895 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 22 STANLEY CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2018 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 22 STANLEY CLOSE has not materially changed since September 2018.

How Large is 22 STANLEY CLOSE?

22 STANLEY CLOSE is 75m² according to the EPC inspection conducted in December 2008. This puts it in the smallest 30% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 22 STANLEY CLOSE lies on this distribution: 22% of detached houses houses are smaller than 22 STANLEY CLOSE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

22 STANLEY CLOSE: Plot and Title Map

22 STANLEY CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 22 STANLEY 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 STANLEY 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 STANLEY CLOSE?

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