48A, THE TRIANGLE, ILKESTON, DE7 4AP - £280,000

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

48A THE TRIANGLE is a midsized detached house of 92m², built in 2022. It was last sold for £280,000 in August 2022, which was around 9% below the average August 2022 detached price in the Erewash local authority area. The most recent EPC inspection was April 2022, where the current energy rating was B, and the potential energy rating was A.

48A THE TRIANGLE Sold Prices

Land registry data shows two sales for 48A THE TRIANGLE 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 48A THE TRIANGLE 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
2022 12 AUG	£280,000	£307,097	9% below HPI
2017 22 NOV	£180,000	£227,985	21% below HPI

48A THE TRIANGLE 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 48A THE TRIANGLE sales from November 2017 and August 2022 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 2017 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the August 2022 sale, where it rises to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 48A THE TRIANGLE?

48A THE TRIANGLE is 92m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 50% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 48A THE TRIANGLE lies on this distribution: 42% of detached houses are smaller than 48A THE TRIANGLE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

48A THE TRIANGLE: Plot and Title Map

48A THE TRIANGLE sits on a plot of roughly 0.167 of an acre, or 676m². The below map shows the location of 48A THE TRIANGLE, 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 48A THE TRIANGLE). 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 48A THE TRIANGLE?

48A THE TRIANGLE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 48A on THE TRIANGLE.