6, COMMON LANE, STANLEY COMMON, ILKESTON, DE7 6GG - £399,000

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

6 COMMON LANE is a very large extended detached house of 166m², built sometime between 2003 and 2006. It was last sold for £399,000 in January 2022, which was around 38% above the average January 2022 detached price in the Erewash local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

6 COMMON LANE Sold Prices

Land registry data shows two sales for 6 COMMON LANE 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 6 COMMON LANE sales 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
2022 27 JAN	£399,000	£289,257	38% above HPI
2006 26 MAY	£245,000	£172,790	42% above HPI

6 COMMON LANE 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 6 COMMON LANE sales from May 2006 and January 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 May 2006 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the January 2022 sale, where it falls to 38% above the HPI. The line then continues to track at 38% above the HPI.

How Large is 6 COMMON LANE?

6 COMMON LANE is 166m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Stanley Common, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley Common, and where 6 COMMON LANE lies on this distribution: 90% of detached houses are smaller than 6 COMMON LANE, and 10% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

6 COMMON LANE: Plot and Title Map

6 COMMON LANE sits on a plot of roughly 0.086 of an acre, or 349m². The below map shows the location of 6 COMMON LANE, 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 6 COMMON LANE). 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 6 COMMON LANE?

6 COMMON LANE is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 6 on COMMON LANE.