5, UPPER WOOD CLOSE, ILKESTON, DE7 4SQ - £279,950

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

5 UPPER WOOD CLOSE is a midsized detached house of 92m², built in 2017. It was last sold for £279,950 in November 2022, which was around 8% below the average November 2022 detached price in the Erewash local authority area. The most recent EPC inspection was June 2021, where the current energy rating was B, and the potential energy rating was A.

5 UPPER WOOD CLOSE Sold Prices

Land registry data shows two sales for 5 UPPER WOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 5 UPPER WOOD 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
2022 25 NOV	£279,950	£303,280	8% below HPI
2021 25 JUN	£239,995	£271,409	12% below HPI

5 UPPER WOOD 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 two 5 UPPER WOOD CLOSE sales from June 2021 and November 2022 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 June 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the November 2022 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 5 UPPER WOOD CLOSE?

5 UPPER WOOD CLOSE is 92m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 50% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 5 UPPER WOOD CLOSE lies on this distribution: 42% of detached houses are smaller than 5 UPPER WOOD CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

5 UPPER WOOD CLOSE: Plot and Title Map

5 UPPER WOOD CLOSE sits on a plot of roughly 0.051 of an acre, or 208m². The below map shows the location of 5 UPPER WOOD 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 UPPER WOOD 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 UPPER WOOD CLOSE?

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