24, SUMMERFIELDS WAY SOUTH, ILKESTON, DE7 9JJ - £127,000

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

24 SUMMERFIELDS WAY SOUTH is a very small semi-detached house of 61m², built sometime between 1996 and 2002, which could now be worth an estimated £200,997. It was last sold for £127,000 in March 2016, which was around 5% below the average March 2016 semi-detached price in the Erewash local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

24 SUMMERFIELDS WAY SOUTH Sold Prices

Land registry data shows four sales for 24 SUMMERFIELDS WAY SOUTH since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. two of the four 24 SUMMERFIELDS WAY SOUTH sales were for below the average price, and four 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
2016 30 MAR	£127,000	£133,693	5% below HPI
2008 11 JAN	£118,750	£124,700	5% below HPI
1999 9 APR	£44,000	£42,097	5% above HPI
1996 27 SEP	£45,125	£37,646	20% above HPI

24 SUMMERFIELDS WAY SOUTH 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 four 24 SUMMERFIELDS WAY SOUTH sales between September 1996 and March 2016 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 January 2008 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the March 2016 sale, which was also at 5% below the HPI.

What might 24 SUMMERFIELDS WAY SOUTH be worth now?

24 SUMMERFIELDS WAY SOUTH might now be worth an estimated £200,997.

This is based on house price inflation of 58.3%, between March 2016 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 58.3% inflationary increase is applied to the most recent sale price for 24 SUMMERFIELDS WAY SOUTH of £127,000 on 30th March 2016. For the value to have increased from £127,000 to £200,997 over the nine years and one month to February 2025, the following assumptions must hold true:

• The value of 24 SUMMERFIELDS WAY SOUTH has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The March 2016 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SUMMERFIELDS WAY SOUTH has not materially changed since March 2016.

How Large is 24 SUMMERFIELDS WAY SOUTH?

24 SUMMERFIELDS WAY SOUTH is 61m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 10% of semi-detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ilkeston, and where 24 SUMMERFIELDS WAY SOUTH lies on this distribution: 9% of semi-detached houses houses are smaller than 24 SUMMERFIELDS WAY SOUTH, and 90% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

24 SUMMERFIELDS WAY SOUTH: Plot and Title Map

24 SUMMERFIELDS WAY SOUTH sits on a plot of roughly 0.053 of an acre, or 216m². The below map shows the location of 24 SUMMERFIELDS WAY SOUTH, 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 SUMMERFIELDS WAY SOUTH). 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 SUMMERFIELDS WAY SOUTH?

24 SUMMERFIELDS WAY SOUTH is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 24 on SUMMERFIELDS WAY SOUTH.