48, GRENVILLE DRIVE, ILKESTON, DE7 8HT - £121,000

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.

48 GRENVILLE DRIVE is a very small detached house of 46m², built sometime between 1967 and 1975, which could now be worth an estimated £224,747. It was last sold for £121,000 in April 2013, which was around 30% below the average April 2013 detached price in the Erewash local authority area. The most recent EPC inspection was September 2024, where the current energy rating was D, and the potential energy rating was B.

48 GRENVILLE DRIVE Sold Prices

Land registry data shows two sales for 48 GRENVILLE DRIVE since 1^st 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 48 GRENVILLE DRIVE 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
2013 23 APR	£121,000	£171,746	30% below HPI
2006 9 OCT	£135,000	£188,250	28% below HPI

48 GRENVILLE 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 two 48 GRENVILLE DRIVE sales from October 2006 and April 2013 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 October 2006 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the April 2013 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 48 GRENVILLE DRIVE be worth now?

48 GRENVILLE DRIVE might now be worth an estimated £224,747.

This is based on house price inflation of 85.7%, between April 2013 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 85.7% inflationary increase is applied to the most recent sale price for 48 GRENVILLE DRIVE of £121,000 on 23rd April 2013. For the value to have increased from £121,000 to £224,747 over the twelve years and two months to February 2025, the following assumptions must hold true:

• The value of 48 GRENVILLE DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2013 sale price of £121,000 represented a fair market value for the property.
• The size, condition, and specification of 48 GRENVILLE DRIVE has not materially changed since April 2013.

How Large is 48 GRENVILLE DRIVE?

48 GRENVILLE DRIVE is 46m² according to the EPC inspection conducted in September 2024. This puts it in the smallest 10% 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 48 GRENVILLE DRIVE lies on this distribution: 1% of detached houses houses are smaller than 48 GRENVILLE DRIVE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

48 GRENVILLE DRIVE: Plot and Title Map

48 GRENVILLE DRIVE sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 48 GRENVILLE 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 48 GRENVILLE 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 48 GRENVILLE DRIVE?

48 GRENVILLE DRIVE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 48 on GRENVILLE DRIVE.