24, PARK AVENUE, ILKESTON, DE7 5DH - £335,000

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

24 PARK AVENUE is a midsized extended detached house of 96m², built sometime between 1976 and 1982. It was last sold for £335,000 in February 2023, which was around 6% above the average February 2023 detached price in the Erewash local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was B.

24 PARK AVENUE Sold Prices

Land registry data shows three sales for 24 PARK AVENUE 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 24 PARK AVENUE sales were 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
2023 2 FEB	£335,000	£316,100	6% above HPI
2002 13 MAY	£120,000	£102,329	17% above HPI
2001 25 MAY	£85,000	£84,056	1% above HPI

24 PARK AVENUE 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 24 PARK AVENUE sales between May 2001 and February 2023 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 May 2002 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the February 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

How Large is 24 PARK AVENUE?

24 PARK AVENUE is 96m², which includes two extensions, according to the EPC inspection conducted in May 2022. This puts it in the largest 50% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 24 PARK AVENUE lies on this distribution: 49% of detached houses are smaller than 24 PARK AVENUE, and 49% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

24 PARK AVENUE: Plot and Title Map

24 PARK AVENUE sits on a plot of roughly 0.146 of an acre, or 592m². The below map shows the location of 24 PARK 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 24 PARK 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 24 PARK AVENUE?

24 PARK AVENUE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 24 on PARK AVENUE.