41, HONINGHAM ROAD, ILKESTON, DE7 9JZ - £245,000

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.

41 HONINGHAM ROAD is a large detached house of 107m², built sometime between 1996 and 2002, which could now be worth an estimated £316,306. It was last sold for £245,000 in February 2020, which was around 1% below the average February 2020 detached price in the Erewash local authority area. The most recent EPC inspection was November 2019, where the current energy rating was C, and the potential energy rating was B.

41 HONINGHAM ROAD Sold Prices

Land registry data shows six sales for 41 HONINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. three of the six 41 HONINGHAM ROAD sales were for below the average price, and six 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
2020 28 FEB	£245,000	£247,089	1% below HPI
2010 17 SEP	£170,000	£184,266	8% below HPI
2006 13 JAN	£170,000	£172,713	2% below HPI
2002 30 AUG	£122,000	£116,809	4% above HPI
2000 21 JAN	£76,000	£72,348	5% above HPI
1996 4 OCT	£75,000	£63,324	18% above HPI

41 HONINGHAM ROAD 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 six 41 HONINGHAM ROAD sales between October 1996 and February 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 September 2010 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the February 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 41 HONINGHAM ROAD be worth now?

41 HONINGHAM ROAD might now be worth an estimated £316,306.

This is based on house price inflation of 29.1%, between February 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 29.1% inflationary increase is applied to the most recent sale price for 41 HONINGHAM ROAD of £245,000 on 28th February 2020. For the value to have increased from £245,000 to £316,306 over the five years to February 2025, the following assumptions must hold true:

• The value of 41 HONINGHAM ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 41 HONINGHAM ROAD has not materially changed since February 2020.

How Large is 41 HONINGHAM ROAD?

41 HONINGHAM ROAD is 107m² according to the EPC inspection conducted in November 2019. This puts it in the largest 40% 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 41 HONINGHAM ROAD lies on this distribution: 61% of detached houses houses are smaller than 41 HONINGHAM ROAD, and 37% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

41 HONINGHAM ROAD: Plot and Title Map

41 HONINGHAM ROAD sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 41 HONINGHAM ROAD, 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 HONINGHAM ROAD). 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 HONINGHAM ROAD?

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