4, ELKA ROAD, ILKESTON, DE7 4SE - £325,000

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 ELKA ROAD is a large detached house of 115m², which could now be worth an estimated £344,106. It was last sold for £325,000 in April 2022, which was around 8% above the average April 2022 detached price in the Erewash local authority area. The most recent EPC inspection was March 2018, where the current energy rating was B, and the potential energy rating was A.

4 ELKA ROAD Sold Prices

Land registry data shows two sales for 4 ELKA ROAD 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. Both of the two 4 ELKA ROAD sales were for above 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 22 APR	£325,000	£301,291	8% above HPI
2018 27 APR	£242,995	£237,411	2% above HPI

4 ELKA ROAD 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 4 ELKA ROAD sales from April 2018 and April 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 April 2018 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the April 2022 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 4 ELKA ROAD be worth now?

4 ELKA ROAD might now be worth an estimated £344,106.

This is based on house price inflation of 5.9%, between April 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 5.9% inflationary increase is applied to the most recent sale price for 4 ELKA ROAD of £325,000 on 22nd April 2022. For the value to have increased from £325,000 to £344,106 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 4 ELKA ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2022 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 4 ELKA ROAD has not materially changed since April 2022.

How Large is 4 ELKA ROAD?

4 ELKA ROAD is 115m² according to the EPC inspection conducted in March 2018. This puts it in the largest 30% 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 ELKA ROAD lies on this distribution: 69% of detached houses houses are smaller than 4 ELKA ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

4 ELKA ROAD: Plot and Title Map

4 ELKA ROAD sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 4 ELKA 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 4 ELKA 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 4 ELKA ROAD?

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