25, LANEWARD CLOSE, ILKESTON, DE7 8RH - £189,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

25 LANEWARD CLOSE is a very small detached house of 70m², built sometime between 1996 and 2002. It was last sold for £189,950 in November 2016, which was around 12% below the average November 2016 detached price in the Erewash local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

25 LANEWARD CLOSE Sold Prices

Land registry data shows four sales for 25 LANEWARD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 25 LANEWARD CLOSE 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
2016 3 NOV	£189,950	£214,816	12% below HPI
2006 6 JAN	£159,000	£167,526	5% below HPI
1999 30 APR	£63,950	£68,405	7% below HPI
1996 9 AUG	£59,950	£61,878	3% below HPI

25 LANEWARD CLOSE 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 four 25 LANEWARD CLOSE sales between August 1996 and November 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 2006 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2016 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 25 LANEWARD CLOSE?

25 LANEWARD CLOSE is 70m² according to the EPC inspection conducted in May 2018. 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 25 LANEWARD CLOSE lies on this distribution: 16% of detached houses are smaller than 25 LANEWARD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

25 LANEWARD CLOSE: Plot and Title Map

25 LANEWARD CLOSE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 25 LANEWARD CLOSE, 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 25 LANEWARD CLOSE). 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 25 LANEWARD CLOSE?

25 LANEWARD CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 25 on LANEWARD CLOSE.