27, LANEWARD CLOSE, ILKESTON, DE7 8RH - £162,000

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

27 LANEWARD CLOSE is a very small detached house of 73m², built sometime between 1983 and 1990. It was last sold for £162,000 in October 2006, which was around 11% below the average October 2006 detached price in the Erewash local authority area. The most recent EPC inspection was June 2015, where the current energy rating was E, and the potential energy rating was B.

27 LANEWARD CLOSE Sold Prices

Land registry data shows three sales for 27 LANEWARD CLOSE 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. One of the three 27 LANEWARD CLOSE sales was for below the average price, whilst two 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
2006 23 OCT	£162,000	£182,597	11% below HPI
2001 31 AUG	£94,950	£91,132	4% above HPI
1995 30 NOV	£59,950	£59,393	1% above HPI

27 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 three 27 LANEWARD CLOSE sales between November 1995 and October 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 August 2001 sale was for 4% above the HPI. So the extrapolation line tracks at 4% above the HPI over time, until the October 2006 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 27 LANEWARD CLOSE?

27 LANEWARD CLOSE is 73m² according to the EPC inspection conducted in June 2015. 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 27 LANEWARD CLOSE lies on this distribution: 19% of detached houses are smaller than 27 LANEWARD CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

27 LANEWARD CLOSE: Plot and Title Map

27 LANEWARD CLOSE sits on a plot of roughly 0.065 of an acre, or 264m². The below map shows the location of 27 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 27 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 27 LANEWARD CLOSE?

27 LANEWARD CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 27 on LANEWARD CLOSE.