28, BROADWAY, ILKESTON, DE7 8TD - £158,500

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

28 BROADWAY is a very small detached house of 49m², built sometime between 1967 and 1975. It was last sold for £158,500 in July 2017, which was around 29% below the average July 2017 detached price in the Erewash local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.

28 BROADWAY Sold Prices

Land registry data shows three sales for 28 BROADWAY 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 28 BROADWAY 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
2017 14 JUL	£158,500	£224,625	29% below HPI
2013 15 NOV	£103,000	£171,664	40% below HPI
2003 26 SEP	£91,000	£149,337	39% below HPI

28 BROADWAY 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 28 BROADWAY sales between September 2003 and July 2017 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 November 2013 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the July 2017 sale, where it rises to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 28 BROADWAY?

28 BROADWAY is 49m² according to the EPC inspection conducted in March 2021. This puts it in the smallest 10% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 28 BROADWAY lies on this distribution: 1% of detached houses are smaller than 28 BROADWAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

28 BROADWAY: Plot and Title Map

28 BROADWAY sits on a plot of roughly 0.056 of an acre, or 226m². The below map shows the location of 28 BROADWAY, 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 28 BROADWAY). 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 28 BROADWAY?

28 BROADWAY is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 28 on BROADWAY.