41, PARK DRIVE, ILKESTON, DE7 5NR - £225,000

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

41 PARK DRIVE is a large extended detached house of 121m², built sometime between 1930 and 1949. It was last sold for £225,000 in November 2017, which was around 1% below the average November 2017 detached price in the Erewash local authority area. The most recent EPC inspection was April 2017, where the current energy rating was D, and the potential energy rating was B.

41 PARK DRIVE Sold Prices

Land registry data shows three sales for 41 PARK DRIVE 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. Two of the three 41 PARK DRIVE sales were for below the average price, whilst one was 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
2017 1 NOV	£225,000	£227,985	1% below HPI
2005 22 DEC	£165,000	£172,365	4% below HPI
2002 23 AUG	£125,000	£113,301	10% above HPI

41 PARK DRIVE 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 PARK DRIVE sales between August 2002 and November 2017 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 December 2005 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the November 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

How Large is 41 PARK DRIVE?

41 PARK DRIVE is 121m², which includes two extensions, according to the EPC inspection conducted in April 2017. This puts it in the largest 30% 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 PARK DRIVE lies on this distribution: 75% of detached houses are smaller than 41 PARK DRIVE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

41 PARK DRIVE: Plot and Title Map

41 PARK DRIVE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 41 PARK DRIVE, 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 PARK DRIVE). 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 PARK DRIVE?

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