39, EREWASH SQUARE, ILKESTON, DE7 5SP - £132,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

39 EREWASH SQUARE is a small detached house of 89m², built sometime between 1983 and 1990, which could now be worth an estimated £215,423. It was last sold for £132,500 in November 2014, which was around 33% below the average November 2014 detached price in the Erewash local authority area. The most recent EPC inspection was May 2010, where the current energy rating was D, and the potential energy rating was C.

39 EREWASH SQUARE Sold Prices

Land registry data shows four sales for 39 EREWASH SQUARE 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 39 EREWASH SQUARE 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
2014 20 NOV	£132,500	£198,336	33% below HPI
2007 21 AUG	£138,000	£196,091	30% below HPI
2001 11 MAY	£69,500	£86,659	20% below HPI
1995 29 DEC	£50,000	£62,499	20% below HPI

39 EREWASH SQUARE 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 39 EREWASH SQUARE sales between December 1995 and November 2014 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 August 2007 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the November 2014 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

What might 39 EREWASH SQUARE be worth now?

39 EREWASH SQUARE might now be worth an estimated £215,423.

This is based on house price inflation of 62.6%, between November 2014 and December 2024, 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 62.6% inflationary increase is applied to the most recent sale price for 39 EREWASH SQUARE of £132,500 on 20th November 2014. For the value to have increased from £132,500 to £215,423 over the nine years and eleven months to December 2024, the following assumptions must hold true:

• The value of 39 EREWASH SQUARE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2014 sale price of £132,500 represented a fair market value for the property.
• The size, condition, and specification of 39 EREWASH SQUARE has not materially changed since November 2014.

How Large is 39 EREWASH SQUARE?

39 EREWASH SQUARE is 89m² according to the EPC inspection conducted in May 2010. This puts it in the smallest 40% 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 39 EREWASH SQUARE lies on this distribution: 37% of detached houses houses are smaller than 39 EREWASH SQUARE, and 63% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

39 EREWASH SQUARE: Plot and Title Map

39 EREWASH SQUARE sits on a plot of roughly 66.3 acres, or 268,166m². The below map shows the location of 39 EREWASH SQUARE, 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 39 EREWASH SQUARE). 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 39 EREWASH SQUARE?

39 EREWASH SQUARE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 39 on EREWASH SQUARE.