37, LANEWARD CLOSE, ILKESTON, DE7 8RH - £166,000

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 LANEWARD CLOSE is a very small extended detached house of 73m², built sometime between 1996 and 2002. It was last sold for £166,000 in May 2011, which was around 3% above the average May 2011 detached price in the Erewash local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

37 LANEWARD CLOSE Sold Prices

Land registry data shows two sales for 37 LANEWARD CLOSE 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. One of the two 37 LANEWARD CLOSE sales was for above the average price, whilst the other 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
2011 10 MAY	£166,000	£161,746	3% above HPI
1996 22 NOV	£59,995	£61,763	3% below HPI

37 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 two 37 LANEWARD CLOSE sales from November 1996 and May 2011 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 November 1996 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2011 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 37 LANEWARD CLOSE?

37 LANEWARD CLOSE is 73m², which includes one extension, according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% 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 LANEWARD CLOSE lies on this distribution: 19% of detached houses are smaller than 37 LANEWARD CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

37 LANEWARD CLOSE: Plot and Title Map

37 LANEWARD CLOSE sits on a plot of roughly 0.059 of an acre, or 240m². The below map shows the location of 37 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 37 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 37 LANEWARD CLOSE?

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