7, FARRIERS CROFT, ILKESTON, DE7 9LT - £240,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 FARRIERS CROFT is a very large detached house of 138m², built sometime between 1996 and 2002. It was last sold for £240,000 in August 2014, which was around 26% above the average August 2014 detached price in the Erewash local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was C.

7 FARRIERS CROFT Sold Prices

Land registry data shows three sales for 7 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. All of the three 7 FARRIERS CROFT 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
2014 29 AUG	£240,000	£190,201	26% above HPI
1999 27 OCT	£99,950	£74,205	35% above HPI
1997 12 DEC	£90,725	£66,685	36% above HPI

7 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 7 FARRIERS CROFT sales between December 1997 and August 2014 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 1999 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the August 2014 sale, where it falls to 26% above the HPI. The line then continues to track at 26% above the HPI.

How Large is 7 FARRIERS CROFT?

7 FARRIERS CROFT is 138m² according to the EPC inspection conducted in July 2012. This puts it in the largest 20% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 7 FARRIERS CROFT lies on this distribution: 87% of detached houses are smaller than 7 FARRIERS CROFT, and 13% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

7 FARRIERS CROFT: Plot and Title Map

7 FARRIERS CROFT sits on a plot of roughly 0.099 of an acre, or 402m². The below map shows the location of 7 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 7 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 7 FARRIERS CROFT?

7 FARRIERS CROFT is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 7 on FARRIERS CROFT.