33, LANEWARD CLOSE, ILKESTON, DE7 8RH - £340,000

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

33 LANEWARD CLOSE is a large extended detached house of 125m², built sometime between 1996 and 2002. It was last sold for £340,000 in February 2021, which was around 29% above the average February 2021 detached price in the Erewash local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

33 LANEWARD CLOSE Sold Prices

Land registry data shows three sales for 33 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. Two of the three 33 LANEWARD CLOSE sales were for above the average price, whilst one was 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
2021 5 FEB	£340,000	£264,152	29% above HPI
2011 11 MAR	£166,000	£166,897	1% below HPI
1996 28 JUN	£73,950	£60,928	21% above HPI

33 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 33 LANEWARD CLOSE sales between June 1996 and February 2021 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 2011 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2021 sale, where it rises to 29% above the HPI. The line then continues to track at 29% above the HPI.

How Large is 33 LANEWARD CLOSE?

33 LANEWARD CLOSE is 125m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the largest 30% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 33 LANEWARD CLOSE lies on this distribution: 78% of detached houses are smaller than 33 LANEWARD CLOSE, and 21% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

33 LANEWARD CLOSE: Plot and Title Map

33 LANEWARD CLOSE sits on a plot of roughly 0.089 of an acre, or 360m². The below map shows the location of 33 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 33 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 33 LANEWARD CLOSE?

33 LANEWARD CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 33 on LANEWARD CLOSE.