5, HOLME CLOSE, ILKESTON, DE7 9JS - £200,000

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 HOLME CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £300,155. It was last sold for £200,000 in September 2015, which was around 6% below the average September 2015 detached price in the Erewash local authority area. The most recent EPC inspection was January 2015, where the current energy rating was D, and the potential energy rating was B.

5 HOLME CLOSE Sold Prices

Land registry data shows three sales for 5 HOLME 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. One of the three 5 HOLME CLOSE sales was for below the average price, whilst two were 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
2015 25 SEP	£200,000	£212,559	6% below HPI
2001 10 SEP	£107,000	£95,538	12% above HPI
1996 7 MAR	£89,950	£61,874	45% above HPI

5 HOLME 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 HOLME CLOSE sales between March 1996 and September 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 September 2001 sale was for 12% above the HPI. So the extrapolation line tracks at 12% above the HPI over time, until the September 2015 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 5 HOLME CLOSE be worth now?

5 HOLME CLOSE might now be worth an estimated £300,155.

This is based on house price inflation of 50.1%, between September 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 50.1% inflationary increase is applied to the most recent sale price for 5 HOLME CLOSE of £200,000 on 25th September 2015. For the value to have increased from £200,000 to £300,155 over the ten years and seven months to February 2025, the following assumptions must hold true:

• The value of 5 HOLME CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2015 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HOLME CLOSE has not materially changed since September 2015.

How Large is 5 HOLME CLOSE?

5 HOLME CLOSE is 120m², which includes two extensions, according to the EPC inspection conducted in January 2015. This puts it in the largest 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 HOLME CLOSE lies on this distribution: 74% of detached houses houses are smaller than 5 HOLME CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

5 HOLME CLOSE: Plot and Title Map

5 HOLME CLOSE sits on a plot of roughly 0.093 of an acre, or 377m². The below map shows the location of 5 HOLME 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 HOLME 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 HOLME CLOSE?

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