37, MAIN ROAD, SMALLEY, ILKESTON, DE7 6EF - £440,000

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.

37 MAIN ROAD is a very large extended detached house of 182m², built sometime between 1967 and 1975, which could now be worth an estimated £474,291. It was last sold for £440,000 in October 2022, which was around 40% above the average October 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

37 MAIN ROAD Sold Prices

Land registry data shows three sales for 37 MAIN ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. One of the three 37 MAIN ROAD sales was for above the average price, whilst two 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
2022 14 OCT	£440,000	£315,309	40% above HPI
2017 20 FEB	£190,000	£221,558	14% below HPI
1998 10 AUG	£59,500	£68,599	13% below HPI

37 MAIN ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 37 MAIN ROAD sales between August 1998 and October 2022 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 February 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the October 2022 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 37 MAIN ROAD be worth now?

37 MAIN ROAD might now be worth an estimated £474,291.

This is based on house price inflation of 7.8%, between October 2022 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% inflationary increase is applied to the most recent sale price for 37 MAIN ROAD of £440,000 on 14th October 2022. For the value to have increased from £440,000 to £474,291 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 37 MAIN ROAD has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2022 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of 37 MAIN ROAD has not materially changed since October 2022.

How Large is 37 MAIN ROAD?

37 MAIN ROAD is 182m², which includes two extensions, according to the EPC inspection conducted in September 2021. This puts it in the largest 10% of detached houses houses in Smalley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smalley, and where 37 MAIN ROAD lies on this distribution: 92% of detached houses houses are smaller than 37 MAIN ROAD, and 8% of houses are larger. Note that EPC data is not available for all properties in Smalley.

37 MAIN ROAD: Plot and Title Map

37 MAIN ROAD sits on a plot of roughly 0.147 of an acre, or 596m². The below map shows the location of 37 MAIN 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 37 MAIN 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 37 MAIN ROAD?

37 MAIN ROAD is located in SMALLEY, in the DE7 postcode district. The below map shows the position of No. 37 on MAIN ROAD.