5, ECKINGTON CLOSE, WEST HALLAM, ILKESTON, DE7 6NE - £235,000

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 ECKINGTON CLOSE is a very small detached house of 56m², built sometime between 1976 and 1982, which could now be worth an estimated £245,625. It was last sold for £235,000 in May 2024, which was around 23% below the average May 2024 detached price in the Erewash local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was B.

5 ECKINGTON CLOSE Sold Prices

Land registry data shows three sales for 5 ECKINGTON 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. All of the three 5 ECKINGTON CLOSE 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
2024 17 MAY	£235,000	£305,204	23% below HPI
2013 15 NOV	£145,000	£176,979	18% below HPI
2009 20 MAR	£114,000	£169,842	33% below HPI

5 ECKINGTON 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 ECKINGTON CLOSE sales between March 2009 and May 2024 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 2013 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the May 2024 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 5 ECKINGTON CLOSE be worth now?

5 ECKINGTON CLOSE might now be worth an estimated £245,625.

This is based on house price inflation of 4.5%, between May 2024 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 4.5% inflationary increase is applied to the most recent sale price for 5 ECKINGTON CLOSE of £235,000 on 17th May 2024. For the value to have increased from £235,000 to £245,625 over the one year and three months to February 2025, the following assumptions must hold true:

• The value of 5 ECKINGTON CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2024 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 5 ECKINGTON CLOSE has not materially changed since May 2024.

How Large is 5 ECKINGTON CLOSE?

5 ECKINGTON CLOSE is 56m² according to the EPC inspection conducted in March 2024. This puts it in the smallest 10% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 5 ECKINGTON CLOSE lies on this distribution: 5% of detached houses houses are smaller than 5 ECKINGTON CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

5 ECKINGTON CLOSE: Plot and Title Map

5 ECKINGTON CLOSE sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 5 ECKINGTON 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 ECKINGTON 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 ECKINGTON CLOSE?

5 ECKINGTON CLOSE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 5 on ECKINGTON CLOSE.