5A, PRIORY CLOSE, ILKESTON, DE7 4JF - £200,000

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

5A PRIORY CLOSE is a small detached house of 79m², built in 2021. It was last sold for £200,000 in December 2022, which was around 35% below the average December 2022 detached price in the Erewash local authority area. The most recent EPC inspection was July 2021, where the current energy rating was B, and the potential energy rating was A.

5A PRIORY CLOSE Sold Prices

Land registry data shows four sales for 5A PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 5A PRIORY 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 21 DEC	£200,000	£308,873	35% below HPI
2022 10 FEB	£200,000	£288,399	31% below HPI
2018 30 MAY	£35,000	£227,403	85% below HPI
2017 10 MAY	£35,000	£218,273	84% below HPI

5A PRIORY 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 four 5A PRIORY CLOSE sales between May 2017 and December 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 February 2022 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the December 2022 sale, where it falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

How Large is 5A PRIORY CLOSE?

5A PRIORY CLOSE is 79m² according to the EPC inspection conducted in July 2021. This puts it in the smallest 30% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 5A PRIORY CLOSE lies on this distribution: 26% of detached houses are smaller than 5A PRIORY CLOSE, and 73% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

5A PRIORY CLOSE: Plot and Title Map

5A PRIORY CLOSE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 5A PRIORY 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 5A PRIORY 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 5A PRIORY CLOSE?

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