7, HOLME CROFT, WEST HALLAM, ILKESTON, DE7 6JQ - £270,000

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 HOLME CROFT is a very small detached house of 54m², built sometime between 1976 and 1982, which could now be worth an estimated £273,707. It was last sold for £270,000 in November 2023, which was around 14% below the average November 2023 detached price in the Erewash local authority area. The most recent EPC inspection was July 2023, where the current energy rating was D, and the potential energy rating was B.

7 HOLME CROFT Sold Prices

Land registry data shows three sales for 7 HOLME 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. Two of the three 7 HOLME CROFT sales were for below the average price, whilst one was 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
2023 3 NOV	£270,000	£314,683	14% below HPI
2011 28 NOV	£186,000	£174,317	7% above HPI
1999 10 FEB	£67,000	£70,378	5% below HPI

7 HOLME 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 HOLME CROFT sales between February 1999 and November 2023 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 November 2011 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2023 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 7 HOLME CROFT be worth now?

7 HOLME CROFT might now be worth an estimated £273,707.

This is based on house price inflation of 1.4%, between November 2023 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 1.4% inflationary increase is applied to the most recent sale price for 7 HOLME CROFT of £270,000 on 3rd November 2023. For the value to have increased from £270,000 to £273,707 over the two years and nine months to February 2025, the following assumptions must hold true:

• The value of 7 HOLME CROFT has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2023 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HOLME CROFT has not materially changed since November 2023.

How Large is 7 HOLME CROFT?

7 HOLME CROFT is 54m² according to the EPC inspection conducted in July 2023. This puts it in the smallest 10% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 7 HOLME CROFT lies on this distribution: 2% of detached houses houses are smaller than 7 HOLME CROFT, and 96% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

7 HOLME CROFT: Plot and Title Map

7 HOLME CROFT sits on a plot of roughly 0.088 of an acre, or 358m². The below map shows the location of 7 HOLME 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 HOLME 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 HOLME CROFT?

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