23, DERWENT AVENUE, WEST HALLAM, ILKESTON, DE7 6JE - £180,000

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.

23 DERWENT AVENUE is a very small semi-detached house of 41m², built sometime between 1983 and 1990, which could now be worth an estimated £191,910. It was last sold for £180,000 in May 2022, which was around 9% below the average May 2022 semi-detached price in the Erewash local authority area. The most recent EPC inspection was January 2022, where the current energy rating was D, and the potential energy rating was A.

23 DERWENT AVENUE Sold Prices

Land registry data shows two sales for 23 DERWENT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. One of the two 23 DERWENT AVENUE sales was for below the average price, whilst the other was roughly equal to 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 27 MAY	£180,000	£198,459	9% below HPI
2007 20 AUG	£127,000	£127,231	Close to HPI

23 DERWENT AVENUE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The two 23 DERWENT AVENUE sales from August 2007 and May 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 August 2007 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the May 2022 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 23 DERWENT AVENUE be worth now?

23 DERWENT AVENUE might now be worth an estimated £191,910.

This is based on house price inflation of 6.6%, between May 2022 and February 2025, for semi-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 6.6% inflationary increase is applied to the most recent sale price for 23 DERWENT AVENUE of £180,000 on 27th May 2022. For the value to have increased from £180,000 to £191,910 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 23 DERWENT AVENUE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The May 2022 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 23 DERWENT AVENUE has not materially changed since May 2022.

How Large is 23 DERWENT AVENUE?

23 DERWENT AVENUE is 41m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 10% of semi-detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in West Hallam, and where 23 DERWENT AVENUE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 23 DERWENT AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

23 DERWENT AVENUE: Plot and Title Map

23 DERWENT AVENUE sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 23 DERWENT AVENUE, 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 23 DERWENT AVENUE). 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 23 DERWENT AVENUE?

23 DERWENT AVENUE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 23 on DERWENT AVENUE.