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 SUMMERFIELDS WAY is a large detached house of 116m², built sometime between 1976 and 1982. It was last sold for £186,000 in August 2015, which was around 9% below the average August 2015 detached price in the Erewash local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.
Land registry data shows four sales for 28 SUMMERFIELDS WAY since 1st 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 SUMMERFIELDS WAY 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 21 AUG | £186,000 | £204,975 | 9% below HPI |
2010 8 JAN | £157,000 | £166,550 | 6% below HPI |
2005 30 JUN | £170,000 | £169,101 | 1% above HPI |
2000 24 NOV | £75,000 | £81,105 | 8% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The four 28 SUMMERFIELDS WAY sales between November 2000 and August 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 January 2010 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the August 2015 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.
28 SUMMERFIELDS WAY is 116m² according to the EPC inspection conducted in October 2008. This puts it in the largest 30% 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 SUMMERFIELDS WAY lies on this distribution: 71% of detached houses are smaller than 28 SUMMERFIELDS WAY, and 29% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.
28 SUMMERFIELDS WAY sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 28 SUMMERFIELDS WAY, 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 SUMMERFIELDS WAY). 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.
28 SUMMERFIELDS WAY is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 28 on SUMMERFIELDS WAY.