23, LOWE AVENUE, SMALLEY, ILKESTON, DE7 6LZ - £237,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

23 LOWE AVENUE is a very small detached house of 90m², which could now be worth an estimated £290,587. It was last sold for £237,500 in May 2021, which was around 15% below the average May 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2014, where the current energy rating was B, and the potential energy rating was A.

23 LOWE AVENUE Sold Prices

Land registry data shows two sales for 23 LOWE AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. One of the two 23 LOWE AVENUE sales was for below the average price, whilst the other was 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
2021 5 MAY	£237,500	£277,789	15% below HPI
2016 4 FEB	£219,950	£210,250	5% above HPI

23 LOWE AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 23 LOWE AVENUE sales from February 2016 and May 2021 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 February 2016 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the May 2021 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 23 LOWE AVENUE be worth now?

23 LOWE AVENUE might now be worth an estimated £290,587.

This is based on house price inflation of 22.4%, between May 2021 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 22.4% inflationary increase is applied to the most recent sale price for 23 LOWE AVENUE of £237,500 on 5th May 2021. For the value to have increased from £237,500 to £290,587 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 23 LOWE AVENUE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2021 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 23 LOWE AVENUE has not materially changed since May 2021.

How Large is 23 LOWE AVENUE?

23 LOWE AVENUE is 90m² according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Smalley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smalley, and where 23 LOWE AVENUE lies on this distribution: 12% of detached houses houses are smaller than 23 LOWE AVENUE, and 85% of houses are larger. Note that EPC data is not available for all properties in Smalley.

23 LOWE AVENUE: Plot and Title Map

23 LOWE AVENUE sits on a plot of roughly 0.065 of an acre, or 262m². The below map shows the location of 23 LOWE 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 LOWE 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 LOWE AVENUE?

23 LOWE AVENUE is located in SMALLEY, in the DE7 postcode district. The below map shows the position of No. 23 on LOWE AVENUE.