48, KENSINGTON GARDENS, ILKESTON, DE7 5NZ - £196,500

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 KENSINGTON GARDENS is a very small detached house of 72m², built sometime between 1976 and 1982, which could now be worth an estimated £251,915. It was last sold for £196,500 in December 2019, which was around 20% below the average December 2019 detached price in the Erewash local authority area. The most recent EPC inspection was January 2019, where the current energy rating was D, and the potential energy rating was B.

48 KENSINGTON GARDENS Sold Prices

Land registry data shows three sales for 48 KENSINGTON GARDENS 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 48 KENSINGTON GARDENS 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
2019 11 DEC	£196,500	£245,116	20% below HPI
2006 19 MAY	£175,000	£178,140	2% below HPI
1995 3 MAR	£67,500	£62,947	7% above HPI

48 KENSINGTON GARDENS 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 48 KENSINGTON GARDENS sales between March 1995 and December 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 2006 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the December 2019 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 48 KENSINGTON GARDENS be worth now?

48 KENSINGTON GARDENS might now be worth an estimated £251,915.

This is based on house price inflation of 28.2%, between December 2019 and March 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 28.2% inflationary increase is applied to the most recent sale price for 48 KENSINGTON GARDENS of £196,500 on 11th December 2019. For the value to have increased from £196,500 to £251,915 over the six years and nine months to March 2025, the following assumptions must hold true:

• The value of 48 KENSINGTON GARDENS has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2019 sale price of £196,500 represented a fair market value for the property.
• The size, condition, and specification of 48 KENSINGTON GARDENS has not materially changed since December 2019.

How Large is 48 KENSINGTON GARDENS?

48 KENSINGTON GARDENS is 72m² according to the EPC inspection conducted in January 2019. This puts it in the smallest 20% 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 KENSINGTON GARDENS lies on this distribution: 18% of detached houses houses are smaller than 48 KENSINGTON GARDENS, and 81% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

48 KENSINGTON GARDENS: Plot and Title Map

48 KENSINGTON GARDENS sits on a plot of roughly 0.076 of an acre, or 306m². The below map shows the location of 48 KENSINGTON GARDENS, 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 KENSINGTON GARDENS). 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 KENSINGTON GARDENS?

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