24, TATHAMS LANE, ILKESTON, DE7 8HS - £292,500

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.

24 TATHAMS LANE is a small detached house of 85m², built sometime between 2003 and 2006, which could now be worth an estimated £294,715. It was last sold for £292,500 in August 2022, which was around 8% below the average August 2022 detached price in the Erewash local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

24 TATHAMS LANE Sold Prices

Land registry data shows three sales for 24 TATHAMS LANE 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 TATHAMS LANE 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
2022 25 AUG	£292,500	£316,605	8% below HPI
2014 21 NOV	£175,000	£198,336	12% below HPI
2004 6 OCT	£164,950	£178,889	8% below HPI

24 TATHAMS LANE 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 TATHAMS LANE sales between October 2004 and August 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 November 2014 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the August 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 24 TATHAMS LANE be worth now?

24 TATHAMS LANE might now be worth an estimated £294,715.

This is based on house price inflation of 0.8%, between August 2022 and February 2025, for 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 0.8% inflationary increase is applied to the most recent sale price for 24 TATHAMS LANE of £292,500 on 25th August 2022. For the value to have increased from £292,500 to £294,715 over the three years and six months to February 2025, the following assumptions must hold true:

• The value of 24 TATHAMS LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2022 sale price of £292,500 represented a fair market value for the property.
• The size, condition, and specification of 24 TATHAMS LANE has not materially changed since August 2022.

How Large is 24 TATHAMS LANE?

24 TATHAMS LANE is 85m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 40% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 24 TATHAMS LANE lies on this distribution: 33% of detached houses houses are smaller than 24 TATHAMS LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

24 TATHAMS LANE: Plot and Title Map

24 TATHAMS LANE sits on a plot of roughly 104.9 acres, or 424,496m². The below map shows the location of 24 TATHAMS LANE, 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 TATHAMS LANE). 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 TATHAMS LANE?

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