6, FARRIERS CROFT, ILKESTON, DE7 9LT - £298,500

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 FARRIERS CROFT is a very large extended detached house of 129m², built sometime between 1996 and 2002, which could now be worth an estimated £311,221. It was last sold for £298,500 in May 2022, which was around 2% below the average May 2022 detached price in the Erewash local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

6 FARRIERS CROFT Sold Prices

Land registry data shows three sales for 6 FARRIERS CROFT 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. One of the three 6 FARRIERS CROFT sales was for below the average price, whilst two 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 MAY	£298,500	£305,964	2% below HPI
2002 23 AUG	£119,950	£116,809	3% above HPI
1997 28 NOV	£73,250	£69,656	5% above HPI

6 FARRIERS CROFT 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 6 FARRIERS CROFT sales between November 1997 and May 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 August 2002 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the May 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might 6 FARRIERS CROFT be worth now?

6 FARRIERS CROFT might now be worth an estimated £311,221.

This is based on house price inflation of 4.3%, between May 2022 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 4.3% inflationary increase is applied to the most recent sale price for 6 FARRIERS CROFT of £298,500 on 27th May 2022. For the value to have increased from £298,500 to £311,221 over the three years and three months to February 2025, the following assumptions must hold true:

• The value of 6 FARRIERS CROFT has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2022 sale price of £298,500 represented a fair market value for the property.
• The size, condition, and specification of 6 FARRIERS CROFT has not materially changed since May 2022.

How Large is 6 FARRIERS CROFT?

6 FARRIERS CROFT is 129m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% 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 6 FARRIERS CROFT lies on this distribution: 81% of detached houses houses are smaller than 6 FARRIERS CROFT, and 18% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

6 FARRIERS CROFT: Plot and Title Map

6 FARRIERS CROFT sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 6 FARRIERS CROFT, 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 FARRIERS CROFT). 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 FARRIERS CROFT?

6 FARRIERS CROFT is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 6 on FARRIERS CROFT.