31, LANEWARD CLOSE, ILKESTON, DE7 8RH - £184,500

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

31 LANEWARD CLOSE is a midsized extended detached house of 92m², built sometime between 1991 and 1995. It was last sold for £184,500 in October 2014, which was around 4% below the average October 2014 detached price in the Erewash local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

31 LANEWARD CLOSE Sold Prices

Land registry data shows three sales for 31 LANEWARD 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. The three 31 LANEWARD CLOSE sales were a mix of below the average price, and roughly equal to 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
2014 24 OCT	£184,500	£191,441	4% below HPI
1999 23 MAR	£68,500	£68,616	Close to HPI
1996 13 JUN	£59,995	£60,928	2% below HPI

31 LANEWARD 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 31 LANEWARD CLOSE sales between June 1996 and October 2014 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 1999 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the October 2014 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is 31 LANEWARD CLOSE?

31 LANEWARD CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 31 LANEWARD CLOSE lies on this distribution: 42% of detached houses are smaller than 31 LANEWARD CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

31 LANEWARD CLOSE: Plot and Title Map

31 LANEWARD CLOSE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 31 LANEWARD 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 31 LANEWARD 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 31 LANEWARD CLOSE?

31 LANEWARD CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 31 on LANEWARD CLOSE.