3, GIMSON CLOSE, ILKESTON, DE7 9JY - £247,000

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

3 GIMSON CLOSE is a very large detached house of 132m², built sometime between 1996 and 2002. It was last sold for £247,000 in November 2013, which was around 44% above the average November 2013 detached price in the Erewash local authority area. The most recent EPC inspection was August 2013, where the current energy rating was C, and the potential energy rating was B.

3 GIMSON CLOSE Sold Prices

Land registry data shows two sales for 3 GIMSON CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 3 GIMSON CLOSE sales were for above 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 15 NOV	£247,000	£171,664	44% above HPI
2000 24 MAR	£116,000	£72,494	60% above HPI

3 GIMSON 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 two 3 GIMSON CLOSE sales from March 2000 and November 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 March 2000 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the November 2013 sale, where it falls to 44% above the HPI. The line then continues to track at 44% above the HPI.

How Large is 3 GIMSON CLOSE?

3 GIMSON CLOSE is 132m² according to the EPC inspection conducted in August 2013. This puts it in the largest 20% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 3 GIMSON CLOSE lies on this distribution: 83% of detached houses are smaller than 3 GIMSON CLOSE, and 15% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

3 GIMSON CLOSE: Plot and Title Map

3 GIMSON CLOSE sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 3 GIMSON 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 3 GIMSON 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 3 GIMSON CLOSE?

3 GIMSON CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 3 on GIMSON CLOSE.