4, FARRIERS CROFT, ILKESTON, DE7 9LT - £285,000

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

4 FARRIERS CROFT is a midsized extended detached house of 104m², built sometime between 1991 and 1995. It was last sold for £285,000 in July 2023, which was around 9% below the average July 2023 detached price in the Erewash local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

4 FARRIERS CROFT Sold Prices

Land registry data shows three sales for 4 FARRIERS CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Two of the three 4 FARRIERS CROFT sales were for below the average price, whilst one was 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
2023 24 JUL	£285,000	£314,723	9% below HPI
2002 28 JUN	£119,950	£105,910	13% above HPI
1997 27 NOV	£64,750	£67,564	4% below HPI

4 FARRIERS CROFT 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 three 4 FARRIERS CROFT sales between November 1997 and July 2023 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 June 2002 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the July 2023 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 4 FARRIERS CROFT?

4 FARRIERS CROFT is 104m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 50% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 4 FARRIERS CROFT lies on this distribution: 58% of detached houses are smaller than 4 FARRIERS CROFT, and 41% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

4 FARRIERS CROFT: Plot and Title Map

4 FARRIERS CROFT sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 4 FARRIERS CROFT, 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 FARRIERS CROFT). 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 FARRIERS CROFT?

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