37, BROADWAY, ILKESTON, DE7 8TD - £205,000

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

37 BROADWAY is a very small detached house of 53m², built sometime between 1976 and 1982. It was last sold for £205,000 in January 2023, which was around 34% below the average January 2023 detached price in the Erewash local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

37 BROADWAY Sold Prices

Land registry data shows four sales for 37 BROADWAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 37 BROADWAY 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 13 JAN	£205,000	£308,719	34% below HPI
2014 24 SEP	£129,000	£192,283	33% below HPI
2005 29 APR	£128,950	£165,357	22% below HPI
2003 19 NOV	£80,000	£150,056	47% below HPI

37 BROADWAY 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 four 37 BROADWAY sales between November 2003 and January 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 September 2014 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the January 2023 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.

How Large is 37 BROADWAY?

37 BROADWAY is 53m² according to the EPC inspection conducted in June 2014. 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 37 BROADWAY lies on this distribution: 3% of detached houses are smaller than 37 BROADWAY, and 96% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

37 BROADWAY: Plot and Title Map

37 BROADWAY sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 37 BROADWAY, 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 37 BROADWAY). 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 37 BROADWAY?

37 BROADWAY is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 37 on BROADWAY.