31, LITCHEN CLOSE, ILKESTON, DE7 8HJ - £162,000

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

31 LITCHEN CLOSE is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £162,000 in August 2023, which was around 49% below the average August 2023 detached price in the Erewash local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

31 LITCHEN CLOSE Sold Prices

Land registry data shows three sales for 31 LITCHEN 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. All of the three 31 LITCHEN CLOSE sales were 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
2023 4 AUG	£162,000	£316,616	49% below HPI
1996 25 OCT	£48,950	£61,423	20% below HPI
1996 30 AUG	£45,000	£61,878	27% below HPI

31 LITCHEN 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 LITCHEN CLOSE sales between August 1996 and August 2023 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 October 1996 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the August 2023 sale, where it falls to 49% below the HPI. The line then continues to track at 49% below the HPI.

How Large is 31 LITCHEN CLOSE?

31 LITCHEN CLOSE is 51m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 10% 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 LITCHEN CLOSE lies on this distribution: 2% of detached houses are smaller than 31 LITCHEN CLOSE, and 97% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

31 LITCHEN CLOSE: Plot and Title Map

31 LITCHEN CLOSE sits on a plot of roughly 0.077 of an acre, or 310m². The below map shows the location of 31 LITCHEN 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 LITCHEN 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 LITCHEN CLOSE?

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