5, VICARAGE AVENUE, ILKESTON, DE7 8QN - £180,000

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 VICARAGE AVENUE is a very small detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £237,195. It was last sold for £180,000 in October 2018, which was around 26% below the average October 2018 detached price in the Erewash local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.

5 VICARAGE AVENUE Sold Prices

Land registry data shows two sales for 5 VICARAGE AVENUE 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 VICARAGE AVENUE 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
2018 29 OCT	£180,000	£242,082	26% below HPI
2004 5 OCT	£139,950	£178,889	22% below HPI

5 VICARAGE AVENUE 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 VICARAGE AVENUE sales from October 2004 and October 2018 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 2004 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the October 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 5 VICARAGE AVENUE be worth now?

5 VICARAGE AVENUE might now be worth an estimated £237,195.

This is based on house price inflation of 31.8%, between October 2018 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 31.8% inflationary increase is applied to the most recent sale price for 5 VICARAGE AVENUE of £180,000 on 29th October 2018. For the value to have increased from £180,000 to £237,195 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 VICARAGE AVENUE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2018 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 5 VICARAGE AVENUE has not materially changed since October 2018.

How Large is 5 VICARAGE AVENUE?

5 VICARAGE AVENUE is 60m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 10% 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 VICARAGE AVENUE lies on this distribution: 8% of detached houses houses are smaller than 5 VICARAGE AVENUE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

5 VICARAGE AVENUE: Plot and Title Map

5 VICARAGE AVENUE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 5 VICARAGE AVENUE, 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 VICARAGE AVENUE). 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 VICARAGE AVENUE?

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