4, LYNMOUTH DRIVE, ILKESTON, DE7 9HN - £200,000

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 LYNMOUTH DRIVE is a midsized extended detached house of 98m², built sometime between 1983 and 1990, which could now be worth an estimated £240,602. It was last sold for £200,000 in November 2020, which was around 25% below the average November 2020 detached price in the Erewash local authority area. The most recent EPC inspection was November 2017, where the current energy rating was C, and the potential energy rating was B.

4 LYNMOUTH DRIVE Sold Prices

Land registry data shows two sales for 4 LYNMOUTH DRIVE 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 LYNMOUTH DRIVE 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
2020 20 NOV	£200,000	£265,171	25% below HPI
2001 19 OCT	£63,000	£95,337	34% below HPI

4 LYNMOUTH DRIVE 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 LYNMOUTH DRIVE sales from October 2001 and November 2020 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 October 2001 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the November 2020 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 4 LYNMOUTH DRIVE be worth now?

4 LYNMOUTH DRIVE might now be worth an estimated £240,602.

This is based on house price inflation of 20.3%, between November 2020 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 20.3% inflationary increase is applied to the most recent sale price for 4 LYNMOUTH DRIVE of £200,000 on 20th November 2020. For the value to have increased from £200,000 to £240,602 over the five years and nine months to February 2025, the following assumptions must hold true:

• The value of 4 LYNMOUTH DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 4 LYNMOUTH DRIVE has not materially changed since November 2020.

How Large is 4 LYNMOUTH DRIVE?

4 LYNMOUTH DRIVE is 98m², which includes one extension, according to the EPC inspection conducted in November 2017. This puts it in the largest 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 LYNMOUTH DRIVE lies on this distribution: 52% of detached houses houses are smaller than 4 LYNMOUTH DRIVE, and 48% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

4 LYNMOUTH DRIVE: Plot and Title Map

4 LYNMOUTH DRIVE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 4 LYNMOUTH DRIVE, 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 LYNMOUTH DRIVE). 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 LYNMOUTH DRIVE?

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