40, ROSSENDALE, ILKESTON, DE7 8ZN - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

40 ROSSENDALE is a very small detached house of 56m², built sometime between 1991 and 1995, which could now be worth an estimated £195,949. It was last sold for £190,000 in November 2022, which was around 39% below the average November 2022 detached price in the Erewash local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

40 ROSSENDALE Sold Prices

Land registry data shows two sales for 40 ROSSENDALE 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 ROSSENDALE 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
2022 11 NOV	£190,000	£312,671	39% below HPI
2014 28 NOV	£125,000	£198,336	37% below HPI

40 ROSSENDALE 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 ROSSENDALE sales from November 2014 and November 2022 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 November 2014 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the November 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 40 ROSSENDALE be worth now?

40 ROSSENDALE might now be worth an estimated £195,949.

This is based on house price inflation of 3.1%, between November 2022 and December 2024, 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 3.1% inflationary increase is applied to the most recent sale price for 40 ROSSENDALE of £190,000 on 11th November 2022. For the value to have increased from £190,000 to £195,949 over the one year and eleven months to December 2024, the following assumptions must hold true:

• The value of 40 ROSSENDALE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2022 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of 40 ROSSENDALE has not materially changed since November 2022.

How Large is 40 ROSSENDALE?

40 ROSSENDALE is 56m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% 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 40 ROSSENDALE lies on this distribution: 5% of detached houses houses are smaller than 40 ROSSENDALE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

40 ROSSENDALE: Plot and Title Map

40 ROSSENDALE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 40 ROSSENDALE, 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 ROSSENDALE). 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 ROSSENDALE?

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