4, QUEEN ELIZABETH WAY, ILKESTON, DE7 4NU - £147,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

4 QUEEN ELIZABETH WAY is a very small detached house of 49m², built sometime between 1991 and 1995. It was last sold for £147,000 in December 2019, which was around 38% below the average December 2019 detached price in the Erewash local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

4 QUEEN ELIZABETH WAY Sold Prices

Land registry data shows two sales for 4 QUEEN ELIZABETH WAY 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 QUEEN ELIZABETH WAY 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
2019 6 DEC	£147,000	£237,754	38% below HPI
2012 4 SEP	£103,000	£173,772	41% below HPI

4 QUEEN ELIZABETH WAY 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 QUEEN ELIZABETH WAY sales from September 2012 and December 2019 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 September 2012 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the December 2019 sale, where it rises to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 4 QUEEN ELIZABETH WAY?

4 QUEEN ELIZABETH WAY is 49m² according to the EPC inspection conducted in August 2022. This puts it in the smallest 10% 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 QUEEN ELIZABETH WAY lies on this distribution: 1% of detached houses are smaller than 4 QUEEN ELIZABETH WAY, and 98% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

4 QUEEN ELIZABETH WAY: Plot and Title Map

4 QUEEN ELIZABETH WAY sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 4 QUEEN ELIZABETH WAY, 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 QUEEN ELIZABETH WAY). 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 QUEEN ELIZABETH WAY?

4 QUEEN ELIZABETH WAY is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 4 on QUEEN ELIZABETH WAY.