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
27A EREWASH SQUARE is a midsized extended detached house of 98m², built sometime between 1983 and 1990. It was last sold for £271,000 in December 2022, which was around 12% below the average December 2022 detached price in the Erewash local authority area. The most recent EPC inspection was September 2022, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows three sales for 27A EREWASH SQUARE since 1st 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 27A EREWASH SQUARE 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 5 DEC | £271,000 | £308,873 | 12% below HPI |
2022 10 JAN | £145,000 | £289,257 | 50% below HPI |
1998 18 DEC | £39,000 | £69,486 | 44% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 27A EREWASH SQUARE sales between December 1998 and December 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 January 2022 sale was for 50% below the HPI. So the extrapolation line tracks at 50% below the HPI over time, until the December 2022 sale, where it rises to 12% below the HPI. The line then continues to track at 12% below the HPI.
27A EREWASH SQUARE is 98m², which includes one extension, according to the EPC inspection conducted in September 2022. This puts it in the largest 50% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 27A EREWASH SQUARE lies on this distribution: 52% of detached houses are smaller than 27A EREWASH SQUARE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.
27A EREWASH SQUARE sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 27A EREWASH SQUARE, 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 27A EREWASH SQUARE). 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.
27A EREWASH SQUARE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 27A on EREWASH SQUARE.