7, NEW LAWN ROAD, ILKESTON, DE7 5HE - £305,000

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 NEW LAWN ROAD is a very large detached house of 145m², built sometime between 1900 and 1929, which could now be worth an estimated £411,666. It was last sold for £305,000 in June 2018, which was around 29% above the average June 2018 detached price in the Erewash local authority area. The most recent EPC inspection was August 2016, where the current energy rating was F, and the potential energy rating was C.

7 NEW LAWN ROAD Sold Prices

Land registry data shows four sales for 7 NEW LAWN ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Most of the four 7 NEW LAWN ROAD sales were 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
2018 8 JUN	£305,000	£236,347	29% above HPI
2007 25 JUL	£247,000	£189,412	30% above HPI
2002 31 MAY	£150,000	£105,498	42% above HPI
2002 15 FEB	£60,000	£96,122	38% below HPI

7 NEW LAWN 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 four 7 NEW LAWN ROAD sales between February 2002 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 July 2007 sale was for 30% above the HPI. So the extrapolation line tracks at 30% above the HPI over time, until the June 2018 sale, where it falls to 29% above the HPI. The line then continues to track at 29% above the HPI.

What might 7 NEW LAWN ROAD be worth now?

7 NEW LAWN ROAD might now be worth an estimated £411,666.

This is based on house price inflation of 35%, between June 2018 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 35% inflationary increase is applied to the most recent sale price for 7 NEW LAWN ROAD of £305,000 on 8th June 2018. For the value to have increased from £305,000 to £411,666 over the seven years and four months to February 2025, the following assumptions must hold true:

• The value of 7 NEW LAWN ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The June 2018 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 7 NEW LAWN ROAD has not materially changed since June 2018.

How Large is 7 NEW LAWN ROAD?

7 NEW LAWN ROAD is 145m² according to the EPC inspection conducted in August 2016. This puts it in the largest 20% 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 NEW LAWN ROAD lies on this distribution: 89% of detached houses houses are smaller than 7 NEW LAWN ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

7 NEW LAWN ROAD: Plot and Title Map

7 NEW LAWN ROAD sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 7 NEW LAWN 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 NEW LAWN 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 NEW LAWN ROAD?

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