5, HIGH LANE WEST, WEST HALLAM, ILKESTON, DE7 6HQ - £430,000

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 HIGH LANE WEST is a very large extended detached house of 149m², built sometime between 1930 and 1949, which could now be worth an estimated £500,486. It was last sold for £430,000 in April 2021, which was around 57% above the average April 2021 detached price in the Erewash local authority area. The most recent EPC inspection was June 2017, where the current energy rating was D, and the potential energy rating was B.

5 HIGH LANE WEST Sold Prices

Land registry data shows three sales for 5 HIGH LANE WEST 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 HIGH LANE WEST sales were for above the average price, whilst one was 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 15 APR	£430,000	£274,076	57% above HPI
2018 17 SEP	£367,500	£245,552	50% above HPI
1995 29 SEP	£55,000	£62,571	12% below HPI

5 HIGH LANE WEST 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 HIGH LANE WEST sales between September 1995 and April 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 September 2018 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the April 2021 sale, where it rises to 57% above the HPI. The line then continues to track at 57% above the HPI.

What might 5 HIGH LANE WEST be worth now?

5 HIGH LANE WEST might now be worth an estimated £500,486.

This is based on house price inflation of 16.4%, between April 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 16.4% inflationary increase is applied to the most recent sale price for 5 HIGH LANE WEST of £430,000 on 15th April 2021. For the value to have increased from £430,000 to £500,486 over the four years and two months to February 2025, the following assumptions must hold true:

• The value of 5 HIGH LANE WEST has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2021 sale price of £430,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HIGH LANE WEST has not materially changed since April 2021.

How Large is 5 HIGH LANE WEST?

5 HIGH LANE WEST is 149m², which includes three extensions, according to the EPC inspection conducted in June 2017. This puts it in the largest 20% 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 HIGH LANE WEST lies on this distribution: 86% of detached houses houses are smaller than 5 HIGH LANE WEST, and 14% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

5 HIGH LANE WEST: Plot and Title Map

5 HIGH LANE WEST sits on a plot of roughly 0.145 of an acre, or 588m². The below map shows the location of 5 HIGH LANE WEST, 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 HIGH LANE WEST). 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 HIGH LANE WEST?

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