3, LEWCOTE LANE, WEST HALLAM, ILKESTON, DE7 6HX - £270,000

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 LEWCOTE LANE is a small extended detached house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £486,849. It was last sold for £270,000 in October 2012, which was around 53% above the average October 2012 detached price in the Erewash local authority area. The most recent EPC inspection was January 2012, where the current energy rating was F, and the potential energy rating was E.

3 LEWCOTE LANE Sold Prices

Land registry data shows three sales for 3 LEWCOTE LANE 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. All of the three 3 LEWCOTE LANE 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
2012 24 OCT	£270,000	£176,915	53% above HPI
2007 20 APR	£300,000	£187,549	60% above HPI
2001 14 DEC	£174,000	£97,040	79% above HPI

3 LEWCOTE LANE 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 LEWCOTE LANE sales between December 2001 and October 2012 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 2007 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the October 2012 sale, where it falls to 53% above the HPI. The line then continues to track at 53% above the HPI.

What might 3 LEWCOTE LANE be worth now?

3 LEWCOTE LANE might now be worth an estimated £486,849.

This is based on house price inflation of 80.3%, between October 2012 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 80.3% inflationary increase is applied to the most recent sale price for 3 LEWCOTE LANE of £270,000 on 24th October 2012. For the value to have increased from £270,000 to £486,849 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 3 LEWCOTE LANE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2012 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LEWCOTE LANE has not materially changed since October 2012.

How Large is 3 LEWCOTE LANE?

3 LEWCOTE LANE is 84m², which includes one extension, according to the EPC inspection conducted in January 2012. This puts it in the smallest 40% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 3 LEWCOTE LANE lies on this distribution: 34% of detached houses houses are smaller than 3 LEWCOTE LANE, and 66% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

3 LEWCOTE LANE: Plot and Title Map

3 LEWCOTE LANE sits on a plot of roughly 0.806 of an acre, or 3,261m². The below map shows the location of 3 LEWCOTE LANE, 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 LEWCOTE LANE). 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 LEWCOTE LANE?

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