3, HAYS CLOSE, ILKESTON, DE7 9JT - £200,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

3 HAYS CLOSE is a large extended detached house of 123m², built sometime between 1996 and 2002, which could now be worth an estimated £366,472. It was last sold for £200,000 in June 2013, which was around 15% above the average June 2013 detached price in the Erewash local authority area. The most recent EPC inspection was April 2013, where the current energy rating was D, and the potential energy rating was B.

3 HAYS CLOSE Sold Prices

Land registry data shows three sales for 3 HAYS CLOSE 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. Two of the three 3 HAYS CLOSE sales were for above the average price, whilst one was 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 14 JUN	£200,000	£174,094	15% above HPI
2008 18 APR	£187,000	£190,249	2% below HPI
1997 27 MAR	£82,950	£64,706	28% above HPI

3 HAYS 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 three 3 HAYS CLOSE sales between March 1997 and June 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 April 2008 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the June 2013 sale, where it rises to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 3 HAYS CLOSE be worth now?

3 HAYS CLOSE might now be worth an estimated £366,472.

This is based on house price inflation of 83.2%, between June 2013 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 83.2% inflationary increase is applied to the most recent sale price for 3 HAYS CLOSE of £200,000 on 14th June 2013. For the value to have increased from £200,000 to £366,472 over the twelve years and four months to February 2025, the following assumptions must hold true:

• The value of 3 HAYS CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2013 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 3 HAYS CLOSE has not materially changed since June 2013.

How Large is 3 HAYS CLOSE?

3 HAYS CLOSE is 123m², which includes one extension, according to the EPC inspection conducted in April 2013. This puts it in the largest 30% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 3 HAYS CLOSE lies on this distribution: 76% of detached houses houses are smaller than 3 HAYS CLOSE, and 23% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

3 HAYS CLOSE: Plot and Title Map

3 HAYS CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 3 HAYS 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 HAYS 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 HAYS CLOSE?

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