6, PALMERSTON ROAD, ILKESTON, DE7 5BW - £189,950

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 PALMERSTON ROAD is a small detached house of 89m², built sometime from 2007 onwards, which could now be worth an estimated £217,668. It was last sold for £189,950 in September 2021, which was around 32% below the average September 2021 detached price in the Erewash local authority area. The most recent EPC inspection was March 2019, where the current energy rating was C, and the potential energy rating was B.

6 PALMERSTON ROAD Sold Prices

Land registry data shows two sales for 6 PALMERSTON ROAD 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 PALMERSTON ROAD 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
2021 22 SEP	£189,950	£278,381	32% below HPI
2007 5 MAR	£141,000	£190,277	26% below HPI

6 PALMERSTON ROAD 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 PALMERSTON ROAD sales from March 2007 and September 2021 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 March 2007 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the September 2021 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 6 PALMERSTON ROAD be worth now?

6 PALMERSTON ROAD might now be worth an estimated £217,668.

This is based on house price inflation of 14.6%, between September 2021 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 14.6% inflationary increase is applied to the most recent sale price for 6 PALMERSTON ROAD of £189,950 on 22nd September 2021. For the value to have increased from £189,950 to £217,668 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 6 PALMERSTON ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2021 sale price of £189,950 represented a fair market value for the property.
• The size, condition, and specification of 6 PALMERSTON ROAD has not materially changed since September 2021.

How Large is 6 PALMERSTON ROAD?

6 PALMERSTON ROAD is 89m² according to the EPC inspection conducted in March 2019. This puts it in the smallest 40% 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 PALMERSTON ROAD lies on this distribution: 38% of detached houses houses are smaller than 6 PALMERSTON ROAD, and 62% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

6 PALMERSTON ROAD: Plot and Title Map

6 PALMERSTON ROAD sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 6 PALMERSTON ROAD, 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 PALMERSTON ROAD). 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 PALMERSTON ROAD?

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