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
45 RAYNEHAM ROAD is a very large detached house of 140m², built sometime between 1996 and 2002. It was last sold for £465,000 in March 2024, which was around 52% above the average March 2024 detached price in the Erewash local authority area. The most recent EPC inspection was March 2017, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 45 RAYNEHAM ROAD since 1st 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 45 RAYNEHAM ROAD 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 |
---|---|---|---|
2024 11 MAR | £465,000 | £306,691 | 52% above HPI |
2017 22 SEP | £317,500 | £225,645 | 41% above HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 45 RAYNEHAM ROAD sales from September 2017 and March 2024 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 2017 sale was for 41% above the HPI. So the extrapolation line tracks at 41% above the HPI over time, until the March 2024 sale, where it rises to 52% above the HPI. The line then continues to track at 52% above the HPI.
45 RAYNEHAM ROAD is 140m² according to the EPC inspection conducted in March 2017. This puts it in the largest 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 45 RAYNEHAM ROAD lies on this distribution: 88% of detached houses are smaller than 45 RAYNEHAM ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.
45 RAYNEHAM ROAD sits on a plot of roughly 0.129 of an acre, or 523m². The below map shows the location of 45 RAYNEHAM 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 45 RAYNEHAM 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.
45 RAYNEHAM ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 45 on RAYNEHAM ROAD.