40, HEDINGHAM CLOSE, ILKESTON, DE7 5HR - £225,000

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

40 HEDINGHAM CLOSE is a very large extended detached house of 175m², built sometime between 2003 and 2006. It was last sold for £225,000 in November 2009, which was around 33% above the average November 2009 detached price in the Erewash local authority area. The most recent EPC inspection was April 2024, where the current energy rating was C, and the potential energy rating was B.

40 HEDINGHAM CLOSE Sold Prices

Land registry data shows two sales for 40 HEDINGHAM CLOSE 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 40 HEDINGHAM CLOSE 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
2009 9 NOV	£225,000	£168,796	33% above HPI
2005 14 OCT	£240,000	£171,928	40% above HPI

40 HEDINGHAM 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 two 40 HEDINGHAM CLOSE sales from October 2005 and November 2009 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 2005 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the November 2009 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 40 HEDINGHAM CLOSE?

40 HEDINGHAM CLOSE is 175m², which includes two extensions, according to the EPC inspection conducted in April 2024. This puts it in the largest 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 40 HEDINGHAM CLOSE lies on this distribution: 95% of detached houses are smaller than 40 HEDINGHAM CLOSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

40 HEDINGHAM CLOSE: Plot and Title Map

40 HEDINGHAM CLOSE sits on a plot of roughly 0.096 of an acre, or 387m². The below map shows the location of 40 HEDINGHAM 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 40 HEDINGHAM 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 40 HEDINGHAM CLOSE?

40 HEDINGHAM CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 40 on HEDINGHAM CLOSE.