3, HALLAM WAY, WEST HALLAM, ILKESTON, DE7 6LA - £220,000

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 HALLAM WAY is a large extended detached house of 117m², built sometime between 1967 and 1975. It was last sold for £220,000 in July 2020, which was around 11% below the average July 2020 detached price in the Erewash local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

3 HALLAM WAY Sold Prices

Land registry data shows five sales for 3 HALLAM WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Most of the five 3 HALLAM WAY 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
2020 24 JUL	£220,000	£246,465	11% below HPI
2005 31 AUG	£180,000	£171,207	5% above HPI
2003 4 DEC	£161,000	£151,452	6% above HPI
2002 10 SEP	£135,000	£117,601	15% above HPI
1998 26 JAN	£84,500	£65,890	28% above HPI

3 HALLAM WAY 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 five 3 HALLAM WAY sales between January 1998 and July 2020 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 August 2005 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the July 2020 sale, where it falls to 11% below the HPI. The line then continues to track at 11% below the HPI.

How Large is 3 HALLAM WAY?

3 HALLAM WAY is 117m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 40% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 3 HALLAM WAY lies on this distribution: 68% of detached houses are smaller than 3 HALLAM WAY, and 32% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

3 HALLAM WAY: Plot and Title Map

3 HALLAM WAY sits on a plot of roughly 0.079 of an acre, or 319m². The below map shows the location of 3 HALLAM 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 3 HALLAM 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.

Where is 3 HALLAM WAY?

3 HALLAM WAY is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 3 on HALLAM WAY.