6, DERWENT AVENUE, WEST HALLAM, ILKESTON, DE7 6JE - £147,000

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.

6 DERWENT AVENUE is a very small detached house of 43m², built sometime between 1976 and 1982, which could now be worth an estimated £222,268. It was last sold for £147,000 in November 2015, which was around 30% below the average November 2015 detached price in the Erewash local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

6 DERWENT AVENUE Sold Prices

Land registry data shows two sales for 6 DERWENT 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 6 DERWENT 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
2015 2 NOV	£147,000	£210,977	30% below HPI
2001 10 OCT	£70,000	£95,337	27% below HPI

6 DERWENT 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 6 DERWENT AVENUE sales from October 2001 and November 2015 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 2001 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the November 2015 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 6 DERWENT AVENUE be worth now?

6 DERWENT AVENUE might now be worth an estimated £222,268.

This is based on house price inflation of 51.2%, between November 2015 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 51.2% inflationary increase is applied to the most recent sale price for 6 DERWENT AVENUE of £147,000 on 2nd November 2015. For the value to have increased from £147,000 to £222,268 over the ten years and nine months to February 2025, the following assumptions must hold true:

• The value of 6 DERWENT AVENUE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2015 sale price of £147,000 represented a fair market value for the property.
• The size, condition, and specification of 6 DERWENT AVENUE has not materially changed since November 2015.

How Large is 6 DERWENT AVENUE?

6 DERWENT AVENUE is 43m² according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 6 DERWENT AVENUE lies on this distribution: Less than 1% of detached houses houses are smaller than 6 DERWENT AVENUE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

6 DERWENT AVENUE: Plot and Title Map

6 DERWENT AVENUE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 6 DERWENT 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 6 DERWENT 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 6 DERWENT AVENUE?

6 DERWENT AVENUE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 6 on DERWENT AVENUE.