7, MARGARET AVENUE, ILKESTON, DE7 5DD - £121,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

7 MARGARET AVENUE is a small detached house of 77m². It was last sold for £121,000 in January 2014, which was around 32% below the average January 2014 detached price in the Erewash local authority area. The most recent EPC inspection was October 2009, where the current energy rating was E, and the potential energy rating was E.

7 MARGARET AVENUE Sold Prices

Land registry data shows two sales for 7 MARGARET AVENUE 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 MARGARET AVENUE 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
2014 24 JAN	£121,000	£176,917	32% below HPI
2009 18 MAY	£88,000	£160,573	45% below HPI

7 MARGARET AVENUE 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 MARGARET AVENUE sales from May 2009 and January 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 May 2009 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2014 sale, where it rises to 32% below the HPI. The line then continues to track at 32% below the HPI.

How Large is 7 MARGARET AVENUE?

7 MARGARET AVENUE is 77m² according to the EPC inspection conducted in October 2009. This puts it in the smallest 30% 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 MARGARET AVENUE lies on this distribution: 24% of detached houses are smaller than 7 MARGARET AVENUE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

7 MARGARET AVENUE: Plot and Title Map

7 MARGARET AVENUE sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of 7 MARGARET AVENUE, 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 MARGARET AVENUE). 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 MARGARET AVENUE?

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