27A, EREWASH SQUARE, ILKESTON, DE7 5SP - £271,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

27A EREWASH SQUARE is a midsized extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £274,425. It was last sold for £271,000 in December 2022, which was around 15% 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.

27A EREWASH SQUARE Sold Prices

Land registry data shows three sales for 27A EREWASH SQUARE 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 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	£318,437	15% below HPI
2022 10 JAN	£145,000	£298,213	51% below HPI
1998 18 DEC	£39,000	£71,637	46% below HPI

27A EREWASH SQUARE 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 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 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the December 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 27A EREWASH SQUARE be worth now?

27A EREWASH SQUARE might now be worth an estimated £274,425.

This is based on house price inflation of 1.3%, between December 2022 and December 2024, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 1.3% inflationary increase is applied to the most recent sale price for 27A EREWASH SQUARE of £271,000 on 5th December 2022. For the value to have increased from £271,000 to £274,425 over the two years to December 2024, the following assumptions must hold true:

• The value of 27A EREWASH SQUARE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2022 sale price of £271,000 represented a fair market value for the property.
• The size, condition, and specification of 27A EREWASH SQUARE has not materially changed since December 2022.

How Large is 27A EREWASH SQUARE?

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 houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 27A EREWASH SQUARE lies on this distribution: 51% of detached houses 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: Plot and Title Map

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.

Where is 27A EREWASH SQUARE?

27A EREWASH SQUARE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 27A on EREWASH SQUARE.