46, GRESLEY ROAD, ILKESTON, DE7 5LX - £180,000

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.

46 GRESLEY ROAD is a large semi-detached house of 118m², built sometime between 1950 and 1966, which could now be worth an estimated £242,499. It was last sold for £180,000 in May 2019, which was around 15% above the average May 2019 semi-detached price in the Erewash local authority area. The most recent EPC inspection was June 2016, where the current energy rating was E, and the potential energy rating was B.

46 GRESLEY ROAD Sold Prices

Land registry data shows two sales for 46 GRESLEY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Both of the two 46 GRESLEY 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
2019 21 MAY	£180,000	£157,057	15% above HPI
1995 12 MAY	£53,000	£37,797	40% above HPI

46 GRESLEY ROAD Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The two 46 GRESLEY ROAD sales from May 1995 and May 2019 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 May 1995 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the May 2019 sale, where it falls to 15% above the HPI. The line then continues to track at 15% above the HPI.

What might 46 GRESLEY ROAD be worth now?

46 GRESLEY ROAD might now be worth an estimated £242,499.

This is based on house price inflation of 34.7%, between May 2019 and February 2025, for semi-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 34.7% inflationary increase is applied to the most recent sale price for 46 GRESLEY ROAD of £180,000 on 21st May 2019. For the value to have increased from £180,000 to £242,499 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of 46 GRESLEY ROAD has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The May 2019 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 46 GRESLEY ROAD has not materially changed since May 2019.

How Large is 46 GRESLEY ROAD?

46 GRESLEY ROAD is 118m² according to the EPC inspection conducted in June 2016. This puts it in the largest 30% of semi-detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ilkeston, and where 46 GRESLEY ROAD lies on this distribution: 73% of semi-detached houses houses are smaller than 46 GRESLEY ROAD, and 27% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

46 GRESLEY ROAD: Plot and Title Map

46 GRESLEY ROAD sits on a plot of roughly 181.2 acres, or 733,338m². The below map shows the location of 46 GRESLEY 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 46 GRESLEY 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 46 GRESLEY ROAD?

46 GRESLEY ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 46 on GRESLEY ROAD.