5, BARKER CLOSE, STANLEY COMMON, ILKESTON, DE7 6FN - £275,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

5 BARKER CLOSE is a very small detached house of 73m², built sometime between 1976 and 1982, which could now be worth an estimated £275,944. It was last sold for £275,000 in April 2023, which was around 14% below the average April 2023 detached price in the Erewash local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was B.

5 BARKER CLOSE Sold Prices

Land registry data shows three sales for 5 BARKER CLOSE 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 5 BARKER CLOSE 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
2023 12 APR	£275,000	£321,358	14% below HPI
2015 22 JUL	£160,000	£209,030	23% below HPI
2001 17 DEC	£100,000	£97,040	3% above HPI

5 BARKER CLOSE 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 5 BARKER CLOSE sales between December 2001 and April 2023 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 July 2015 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the April 2023 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 5 BARKER CLOSE be worth now?

5 BARKER CLOSE might now be worth an estimated £275,944.

This is based on house price inflation of 0.3%, between April 2023 and December 2024, 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 0.3% inflationary increase is applied to the most recent sale price for 5 BARKER CLOSE of £275,000 on 12th April 2023. For the value to have increased from £275,000 to £275,944 over the four months to December 2024, the following assumptions must hold true:

• The value of 5 BARKER CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2023 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 5 BARKER CLOSE has not materially changed since April 2023.

How Large is 5 BARKER CLOSE?

5 BARKER CLOSE is 73m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 10% of detached houses houses in Stanley Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanley Common, and where 5 BARKER CLOSE lies on this distribution: 9% of detached houses houses are smaller than 5 BARKER CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

5 BARKER CLOSE: Plot and Title Map

5 BARKER CLOSE sits on a plot of roughly 0.093 of an acre, or 378m². The below map shows the location of 5 BARKER CLOSE, 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 5 BARKER CLOSE). 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 5 BARKER CLOSE?

5 BARKER CLOSE is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 5 on BARKER CLOSE.