4, FERNILEE CLOSE, WEST HALLAM, ILKESTON, DE7 6NG - £170,000

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 FERNILEE CLOSE is a midsized extended detached house of 91m², built sometime between 1967 and 1975. It was last sold for £170,000 in August 2006, which was around 5% below the average August 2006 detached price in the Erewash local authority area. The most recent EPC inspection was October 2014, where the current energy rating was C, and the potential energy rating was B.

4 FERNILEE CLOSE Sold Prices

Land registry data shows three sales for 4 FERNILEE CLOSE 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. All of the three 4 FERNILEE 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
2006 25 AUG	£170,000	£179,538	5% below HPI
2003 31 JUL	£139,950	£144,407	3% below HPI
1995 9 JUN	£55,500	£60,055	8% below HPI

4 FERNILEE 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 three 4 FERNILEE CLOSE sales between June 1995 and August 2006 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 July 2003 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the August 2006 sale, where it falls to 5% below the HPI. The line then continues to track at 5% below the HPI.

How Large is 4 FERNILEE CLOSE?

4 FERNILEE CLOSE is 91m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 50% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 4 FERNILEE CLOSE lies on this distribution: 41% of detached houses are smaller than 4 FERNILEE CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

4 FERNILEE CLOSE: Plot and Title Map

4 FERNILEE CLOSE sits on a plot of roughly 0.072 of an acre, or 291m². The below map shows the location of 4 FERNILEE 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 FERNILEE 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 FERNILEE CLOSE?

4 FERNILEE CLOSE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 4 on FERNILEE CLOSE.