7, HIGH LANE EAST, WEST HALLAM, ILKESTON, DE7 6HW - £244,950

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 HIGH LANE EAST is a small detached house of 86m², built sometime between 1930 and 1949. It was last sold for £244,950 in May 2016, which was around 20% above the average May 2016 detached price in the Erewash local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was B.

7 HIGH LANE EAST Sold Prices

Land registry data shows two sales for 7 HIGH LANE EAST 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. One of the two 7 HIGH LANE EAST sales was for above the average price, whilst the other was 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
2016 3 MAY	£244,950	£204,881	20% above HPI
2015 27 FEB	£165,000	£190,644	13% below HPI

7 HIGH LANE EAST 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 HIGH LANE EAST sales from February 2015 and May 2016 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 February 2015 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the May 2016 sale, where it rises to 20% above the HPI. The line then continues to track at 20% above the HPI.

How Large is 7 HIGH LANE EAST?

7 HIGH LANE EAST is 86m² according to the EPC inspection conducted in August 2014. This puts it in the smallest 40% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 7 HIGH LANE EAST lies on this distribution: 35% of detached houses are smaller than 7 HIGH LANE EAST, and 64% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

7 HIGH LANE EAST: Plot and Title Map

7 HIGH LANE EAST sits on a plot of roughly 0.124 of an acre, or 500m². The below map shows the location of 7 HIGH LANE EAST, 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 HIGH LANE EAST). 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 HIGH LANE EAST?

7 HIGH LANE EAST is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 7 on HIGH LANE EAST.