56, SUMMERFIELDS WAY, ILKESTON, DE7 9HF - £190,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

56 SUMMERFIELDS WAY is a very small detached house of 68m², built sometime between 1991 and 1995. It was last sold for £190,000 in September 2017, which was around 16% below the average September 2017 detached price in the Erewash local authority area. The most recent EPC inspection was May 2017, where the current energy rating was D, and the potential energy rating was B.

56 SUMMERFIELDS WAY Sold Prices

Land registry data shows three sales for 56 SUMMERFIELDS WAY 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. All of the three 56 SUMMERFIELDS WAY 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
2017 1 SEP	£190,000	£225,645	16% below HPI
2006 9 OCT	£151,500	£182,597	17% below HPI
1997 11 JUL	£58,000	£64,326	10% below HPI

56 SUMMERFIELDS WAY 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 56 SUMMERFIELDS WAY sales between July 1997 and September 2017 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 2006 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2017 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 56 SUMMERFIELDS WAY?

56 SUMMERFIELDS WAY is 68m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 20% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 56 SUMMERFIELDS WAY lies on this distribution: 14% of detached houses are smaller than 56 SUMMERFIELDS WAY, and 86% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

56 SUMMERFIELDS WAY: Plot and Title Map

56 SUMMERFIELDS WAY sits on a plot of roughly 0.061 of an acre, or 245m². The below map shows the location of 56 SUMMERFIELDS WAY, 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 56 SUMMERFIELDS WAY). 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 56 SUMMERFIELDS WAY?

56 SUMMERFIELDS WAY is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 56 on SUMMERFIELDS WAY.