28, LANEWARD CLOSE, ILKESTON, DE7 8RH - £155,000

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

28 LANEWARD CLOSE is a small detached house of 87m², built sometime between 1996 and 2002. It was last sold for £155,000 in September 2013, which was around 10% below the average September 2013 detached price in the Erewash local authority area. The most recent EPC inspection was March 2009, where the current energy rating was D, and the potential energy rating was C.

28 LANEWARD CLOSE Sold Prices

Land registry data shows four sales for 28 LANEWARD 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. Most of the four 28 LANEWARD 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
2013 27 SEP	£155,000	£171,404	10% below HPI
2009 17 JUL	£149,950	£163,065	8% below HPI
2001 27 APR	£92,500	£82,446	12% above HPI
1996 4 JUL	£59,995	£60,447	1% below HPI

28 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 four 28 LANEWARD CLOSE sales between July 1996 and September 2013 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 July 2009 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the September 2013 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 28 LANEWARD CLOSE?

28 LANEWARD CLOSE is 87m² according to the EPC inspection conducted in March 2009. This puts it in the smallest 40% 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 LANEWARD CLOSE lies on this distribution: 35% of detached houses are smaller than 28 LANEWARD CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

28 LANEWARD CLOSE: Plot and Title Map

28 LANEWARD CLOSE sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 28 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 28 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 28 LANEWARD CLOSE?

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