41, BROADWAY, ILKESTON, DE7 8TD - £180,000

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

41 BROADWAY is a very small extended detached house of 64m², built sometime between 1976 and 1982. It was last sold for £180,000 in September 2020, which was around 28% below the average September 2020 detached price in the Erewash local authority area. The most recent EPC inspection was May 2012, where the current energy rating was C, and the potential energy rating was B.

41 BROADWAY Sold Prices

Land registry data shows three sales for 41 BROADWAY 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 41 BROADWAY 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 4 SEP	£180,000	£250,162	28% below HPI
2013 19 AUG	£140,000	£171,930	19% below HPI
2005 27 JUL	£143,000	£174,067	18% below HPI

41 BROADWAY 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 41 BROADWAY sales between July 2005 and September 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 August 2013 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the September 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 41 BROADWAY?

41 BROADWAY is 64m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the smallest 20% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 41 BROADWAY lies on this distribution: 11% of detached houses are smaller than 41 BROADWAY, and 89% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

41 BROADWAY: Plot and Title Map

41 BROADWAY sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 41 BROADWAY, 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 41 BROADWAY). 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 41 BROADWAY?

41 BROADWAY is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 41 on BROADWAY.