5, HEDGES DRIVE, ILKESTON, DE7 4PU - £138,000

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.

5 HEDGES DRIVE is a small extended detached house of 74m², built sometime between 1991 and 1995, which could now be worth an estimated £222,964. It was last sold for £138,000 in January 2015, which was around 30% below the average January 2015 detached price in the Erewash local authority area. The most recent EPC inspection was November 2015, where the current energy rating was D, and the potential energy rating was B.

5 HEDGES DRIVE Sold Prices

Land registry data shows four sales for 5 HEDGES DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 5 HEDGES DRIVE 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
2015 26 JAN	£138,000	£197,442	30% below HPI
2009 30 OCT	£135,000	£172,105	22% below HPI
2002 5 JUL	£87,000	£112,621	23% below HPI
1999 12 NOV	£66,712	£75,638	12% below HPI

5 HEDGES DRIVE 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 four 5 HEDGES DRIVE sales between November 1999 and January 2015 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 October 2009 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the January 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 5 HEDGES DRIVE be worth now?

5 HEDGES DRIVE might now be worth an estimated £222,964.

This is based on house price inflation of 61.6%, between January 2015 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 61.6% inflationary increase is applied to the most recent sale price for 5 HEDGES DRIVE of £138,000 on 26th January 2015. For the value to have increased from £138,000 to £222,964 over the nine years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 HEDGES DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The January 2015 sale price of £138,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HEDGES DRIVE has not materially changed since January 2015.

How Large is 5 HEDGES DRIVE?

5 HEDGES DRIVE is 74m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the smallest 30% 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 5 HEDGES DRIVE lies on this distribution: 20% of detached houses houses are smaller than 5 HEDGES DRIVE, and 78% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

5 HEDGES DRIVE: Plot and Title Map

5 HEDGES DRIVE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 5 HEDGES DRIVE, 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 HEDGES DRIVE). 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 HEDGES DRIVE?

5 HEDGES DRIVE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 5 on HEDGES DRIVE.