26, HOBSON DRIVE, ILKESTON, DE7 4LL - £140,000

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

26 HOBSON DRIVE is a small extended detached house of 79m², built sometime before 1900. It was last sold for £140,000 in April 2006, which was around 18% below the average April 2006 detached price in the Erewash local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

26 HOBSON DRIVE Sold Prices

Land registry data shows three sales for 26 HOBSON DRIVE 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 26 HOBSON DRIVE 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
2006 28 APR	£140,000	£170,374	18% below HPI
2003 23 MAY	£94,000	£136,798	31% below HPI
1999 29 OCT	£37,950	£74,205	49% below HPI

26 HOBSON DRIVE 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 26 HOBSON DRIVE sales between October 1999 and April 2006 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 2003 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the April 2006 sale, where it rises to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is 26 HOBSON DRIVE?

26 HOBSON DRIVE is 79m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 30% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 26 HOBSON DRIVE lies on this distribution: 26% of detached houses are smaller than 26 HOBSON DRIVE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

26 HOBSON DRIVE: Plot and Title Map

26 HOBSON DRIVE sits on a plot of roughly 0.058 of an acre, or 237m². The below map shows the location of 26 HOBSON DRIVE, 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 26 HOBSON DRIVE). 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 26 HOBSON DRIVE?

26 HOBSON DRIVE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 26 on HOBSON DRIVE.