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

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

31 LITCHEN CLOSE is a very small detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £160,036. It was last sold for £162,000 in August 2023, which was around 50% 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	£326,419	50% below HPI
1996 25 OCT	£48,950	£63,324	23% below HPI
1996 30 AUG	£45,000	£63,794	29% 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 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the August 2023 sale, where it falls to 50% below the HPI. The line then continues to track at 50% below the HPI.

What might 31 LITCHEN CLOSE be worth now?

31 LITCHEN CLOSE might now be worth an estimated £160,036.

This is based on house price deflation of 1.2%, between August 2023 and December 2024, 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 1.2% deflationary decrease is applied to the most recent sale price for 31 LITCHEN CLOSE of £162,000 on 4th August 2023. For the value to have decreased from £162,000 to £160,036 over the eight months to December 2024, the following assumptions must hold true:

• The value of 31 LITCHEN CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2023 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 31 LITCHEN CLOSE has not materially changed since August 2023.

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 houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 31 LITCHEN CLOSE lies on this distribution: 2% of detached houses 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 46.0 acres, or 186,264m². 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.