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

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

39 EREWASH SQUARE is a small detached house of 89m², built sometime between 1983 and 1990. It was last sold for £132,500 in November 2014, which was around 31% 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	£192,379	31% below HPI
2007 21 AUG	£138,000	£190,202	27% below HPI
2001 11 MAY	£69,500	£84,056	17% below HPI
1995 29 DEC	£50,000	£60,622	18% 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 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2014 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

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 in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 39 EREWASH SQUARE lies on this distribution: 38% of detached houses are smaller than 39 EREWASH SQUARE, and 62% 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 0.084 of an acre, or 338m². 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.