31, RAYNEHAM ROAD, ILKESTON, DE7 8RJ - £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.

31 RAYNEHAM ROAD is a very large detached house of 130m², built sometime between 1991 and 1995, which could now be worth an estimated £419,741. It was last sold for £270,000 in June 2015, which was around 32% above the average June 2015 detached price in the Erewash local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

31 RAYNEHAM ROAD Sold Prices

Land registry data shows two sales for 31 RAYNEHAM ROAD 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 RAYNEHAM ROAD 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
2015 5 JUN	£270,000	£205,200	32% above HPI
1998 16 OCT	£103,000	£70,327	46% above HPI

31 RAYNEHAM ROAD 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 RAYNEHAM ROAD sales from October 1998 and June 2015 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 1998 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the June 2015 sale, where it falls to 32% above the HPI. The line then continues to track at 32% above the HPI.

What might 31 RAYNEHAM ROAD be worth now?

31 RAYNEHAM ROAD might now be worth an estimated £419,741.

This is based on house price inflation of 55.5%, between June 2015 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 55.5% inflationary increase is applied to the most recent sale price for 31 RAYNEHAM ROAD of £270,000 on 5th June 2015. For the value to have increased from £270,000 to £419,741 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 31 RAYNEHAM ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2015 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 31 RAYNEHAM ROAD has not materially changed since June 2015.

How Large is 31 RAYNEHAM ROAD?

31 RAYNEHAM ROAD is 130m² according to the EPC inspection conducted in August 2012. This puts it in the largest 20% 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 RAYNEHAM ROAD lies on this distribution: 82% of detached houses houses are smaller than 31 RAYNEHAM ROAD, and 18% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

31 RAYNEHAM ROAD: Plot and Title Map

31 RAYNEHAM ROAD sits on a plot of roughly 0.092 of an acre, or 373m². The below map shows the location of 31 RAYNEHAM ROAD, 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 RAYNEHAM ROAD). 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 RAYNEHAM ROAD?

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