31, PARK DRIVE, ILKESTON, DE7 5NR - £136,000

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 PARK DRIVE is a midsized detached house of 92m², built sometime between 1900 and 1929. It was last sold for £136,000 in August 2019, which was around 43% below the average August 2019 detached price in the Erewash local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

31 PARK DRIVE Sold Prices

Land registry data shows two sales for 31 PARK DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 31 PARK DRIVE 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
2019 29 AUG	£136,000	£238,103	43% below HPI
2005 16 DEC	£92,500	£172,365	46% below HPI

31 PARK DRIVE 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 two 31 PARK DRIVE sales from December 2005 and August 2019 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 December 2005 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the August 2019 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

How Large is 31 PARK DRIVE?

31 PARK DRIVE is 92m² according to the EPC inspection conducted in March 2019. 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 PARK DRIVE lies on this distribution: 42% of detached houses are smaller than 31 PARK DRIVE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

31 PARK DRIVE: Plot and Title Map

31 PARK DRIVE sits on a plot of roughly 8.1 acres, or 32,672m². The below map shows the location of 31 PARK DRIVE, 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 PARK DRIVE). 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 PARK DRIVE?

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