4, BASSETT CLOSE, ILKESTON, DE7 9LS - £300,000

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.

4 BASSETT CLOSE is a midsized detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £300,533. It was last sold for £300,000 in December 2022, which was around 6% below the average December 2022 detached price in the Erewash local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

4 BASSETT CLOSE Sold Prices

Land registry data shows four sales for 4 BASSETT CLOSE 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 4 BASSETT CLOSE 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
2022 8 DEC	£300,000	£318,437	6% below HPI
2012 13 JAN	£144,000	£173,872	17% below HPI
2011 16 DEC	£147,500	£175,047	16% below HPI
1999 28 MAY	£70,912	£71,280	1% below HPI

4 BASSETT 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 four 4 BASSETT CLOSE sales between May 1999 and December 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 January 2012 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the December 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 4 BASSETT CLOSE be worth now?

4 BASSETT CLOSE might now be worth an estimated £300,533.

This is based on house price inflation of 0.2%, between December 2022 and February 2025, 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 0.2% inflationary increase is applied to the most recent sale price for 4 BASSETT CLOSE of £300,000 on 8th December 2022. For the value to have increased from £300,000 to £300,533 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 BASSETT CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2022 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 4 BASSETT CLOSE has not materially changed since December 2022.

How Large is 4 BASSETT CLOSE?

4 BASSETT CLOSE is 92m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 50% 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 4 BASSETT CLOSE lies on this distribution: 42% of detached houses houses are smaller than 4 BASSETT CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

4 BASSETT CLOSE: Plot and Title Map

4 BASSETT CLOSE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 4 BASSETT 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 4 BASSETT 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 4 BASSETT CLOSE?

4 BASSETT CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 4 on BASSETT CLOSE.