48, ST MARY STREET, ILKESTON, DE7 8AF - £200,000

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 ST MARY STREET is a very small detached house of 39m², built sometime between 1900 and 1929, which could now be worth an estimated £233,050. It was last sold for £200,000 in March 2021, which was around 27% below the average March 2021 detached price in the Erewash local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

48 ST MARY STREET Sold Prices

Land registry data shows two sales for 48 ST MARY STREET 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 ST MARY STREET 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
2021 10 MAR	£200,000	£273,764	27% below HPI
2000 1 NOV	£40,000	£83,616	52% below HPI

48 ST MARY STREET 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 ST MARY STREET sales from November 2000 and March 2021 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 November 2000 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the March 2021 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

What might 48 ST MARY STREET be worth now?

48 ST MARY STREET might now be worth an estimated £233,050.

This is based on house price inflation of 16.5%, between March 2021 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 16.5% inflationary increase is applied to the most recent sale price for 48 ST MARY STREET of £200,000 on 10th March 2021. For the value to have increased from £200,000 to £233,050 over the four years and one month to February 2025, the following assumptions must hold true:

• The value of 48 ST MARY STREET has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 48 ST MARY STREET has not materially changed since March 2021.

How Large is 48 ST MARY STREET?

48 ST MARY STREET is 39m² according to the EPC inspection conducted in April 2021. 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 ST MARY STREET lies on this distribution: Less than 1% of detached houses houses are smaller than 48 ST MARY STREET, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

48 ST MARY STREET: Plot and Title Map

48 ST MARY STREET sits on a plot of roughly 0.049 of an acre, or 198m². The below map shows the location of 48 ST MARY STREET, 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 ST MARY STREET). 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 ST MARY STREET?

48 ST MARY STREET is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 48 on ST MARY STREET.