234, PARK ROAD, ILKESTON, DE7 5DQ - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

234 PARK ROAD is a very small detached house of 70m², built sometime between 1976 and 1982. It was last sold for £210,000 in September 2021, which was around 22% below the average September 2021 detached price in the Erewash local authority area. The most recent EPC inspection was March 2016, where the current energy rating was C, and the potential energy rating was B.

234 PARK ROAD Sold Prices

Land registry data shows two sales for 234 PARK ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 234 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
2021 30 SEP	£210,000	£270,020	22% below HPI
2016 16 DEC	£164,000	£216,243	24% below HPI

234 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 two 234 PARK ROAD sales from December 2016 and September 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 December 2016 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the September 2021 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 234 PARK ROAD?

234 PARK ROAD is 70m² according to the EPC inspection conducted in March 2016. 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 234 PARK ROAD lies on this distribution: 16% of detached houses are smaller than 234 PARK ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

234 PARK ROAD: Plot and Title Map

234 PARK ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 234 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 234 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 234 PARK ROAD?

234 PARK ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 234 on PARK ROAD.