27, SPARROW CLOSE, ILKESTON, DE7 4PW - £152,000

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 SPARROW CLOSE is a very small detached house of 73m², built sometime between 1996 and 2002. It was last sold for £152,000 in July 2015, which was around 25% below the average July 2015 detached price in the Erewash local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

27 SPARROW CLOSE Sold Prices

Land registry data shows four sales for 27 SPARROW 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 27 SPARROW 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
2015 17 JUL	£152,000	£202,753	25% below HPI
2007 25 MAY	£146,000	£179,597	19% below HPI
2004 2 APR	£137,500	£155,801	12% below HPI
1999 26 FEB	£65,500	£68,264	4% below HPI

27 SPARROW 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 27 SPARROW CLOSE sales between February 1999 and July 2015 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 2007 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2015 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 27 SPARROW CLOSE?

27 SPARROW CLOSE is 73m² according to the EPC inspection conducted in October 2014. 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 SPARROW CLOSE lies on this distribution: 19% of detached houses are smaller than 27 SPARROW CLOSE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

27 SPARROW CLOSE: Plot and Title Map

27 SPARROW CLOSE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 27 SPARROW 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 SPARROW 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 SPARROW CLOSE?

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