226, PARK ROAD, ILKESTON, DE7 5DQ - £173,000

Based on the July 2024 Price Paid Data (released on 29th August 2024), the June 2024 House Price Index (released on 14th August 2024), and the July 2024 Energy Performance of Buildings Data (released on 29th August 2024). Sources

226 PARK ROAD is a very small detached house of 70m², built sometime between 1950 and 1966. It was last sold for £173,000 in September 2017, which was around 23% below the average September 2017 detached price in the Erewash local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was B.

226 PARK ROAD Sold Prices

Land registry data shows three sales for 226 PARK ROAD 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 226 PARK 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
2017 28 SEP	£173,000	£225,645	23% below HPI
2015 12 JUN	£166,000	£199,037	17% below HPI
2007 1 JUN	£145,000	£181,255	20% below HPI

226 PARK 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 three 226 PARK ROAD sales between June 2007 and September 2017 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 2015 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2017 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

How Large is 226 PARK ROAD?

226 PARK ROAD is 70m² according to the EPC inspection conducted in April 2017. This puts it in the smallest 20% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 226 PARK ROAD lies on this distribution: 16% of detached houses are smaller than 226 PARK ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

226 PARK ROAD: Plot and Title Map

226 PARK ROAD sits on a plot of roughly 0.057 of an acre, or 229m². The below map shows the location of 226 PARK 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 226 PARK 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 226 PARK ROAD?

226 PARK ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 226 on PARK ROAD.