7, GRESLEY ROAD, ILKESTON, DE7 5LX - £180,000

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 GRESLEY ROAD is a midsized detached house of 92m², built sometime between 1930 and 1949. It was last sold for £180,000 in June 2018, which was around 21% below the average June 2018 detached price in the Erewash local authority area. The most recent EPC inspection was October 2017, where the current energy rating was C, and the potential energy rating was B.

7 GRESLEY ROAD Sold Prices

Land registry data shows two sales for 7 GRESLEY 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 GRESLEY 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
2018 1 JUN	£180,000	£229,249	21% below HPI
2009 3 AUG	£116,000	£164,241	29% below HPI

7 GRESLEY 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 GRESLEY ROAD sales from August 2009 and June 2018 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 2009 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the June 2018 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 7 GRESLEY ROAD?

7 GRESLEY ROAD is 92m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 50% 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 GRESLEY ROAD lies on this distribution: 42% of detached houses are smaller than 7 GRESLEY ROAD, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

7 GRESLEY ROAD: Plot and Title Map

7 GRESLEY ROAD sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 7 GRESLEY 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 GRESLEY 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 GRESLEY ROAD?

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