7, GISBEY ROAD, ILKESTON, DE7 4SF - £265,000

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.

7 GISBEY ROAD is a midsized detached house of 92m², which could now be worth an estimated £273,885. It was last sold for £265,000 in April 2024, which was around 14% below the average April 2024 detached price in the Erewash local authority area. The most recent EPC inspection was June 2019, where the current energy rating was B, and the potential energy rating was A.

7 GISBEY ROAD Sold Prices

Land registry data shows two sales for 7 GISBEY 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 7 GISBEY 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
2024 12 APR	£265,000	£308,654	14% below HPI
2019 28 JUN	£239,995	£249,760	4% below HPI

7 GISBEY 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 7 GISBEY ROAD sales from June 2019 and April 2024 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 June 2019 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the April 2024 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 GISBEY ROAD be worth now?

7 GISBEY ROAD might now be worth an estimated £273,885.

This is based on house price inflation of 3.4%, between April 2024 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 3.4% inflationary increase is applied to the most recent sale price for 7 GISBEY ROAD of £265,000 on 12th April 2024. For the value to have increased from £265,000 to £273,885 over the one year and two months to February 2025, the following assumptions must hold true:

• The value of 7 GISBEY ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2024 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 7 GISBEY ROAD has not materially changed since April 2024.

How Large is 7 GISBEY ROAD?

7 GISBEY ROAD is 92m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 50% 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 7 GISBEY ROAD lies on this distribution: 42% of detached houses houses are smaller than 7 GISBEY ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

7 GISBEY ROAD: Plot and Title Map

7 GISBEY ROAD sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 7 GISBEY 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 7 GISBEY 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 7 GISBEY ROAD?

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