7, OAKFIELD COURT, STANLEY COMMON, ILKESTON, DE7 6XB - £235,000

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 OAKFIELD COURT is a very small detached house of 51m², built sometime between 1983 and 1990. It was last sold for £235,000 in November 2021, which was around 17% below the average November 2021 detached price in the Erewash local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was B.

7 OAKFIELD COURT Sold Prices

Land registry data shows four sales for 7 OAKFIELD COURT 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. All of the four 7 OAKFIELD COURT 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
2021 16 NOV	£235,000	£284,031	17% below HPI
2013 31 JAN	£124,950	£169,315	26% below HPI
2009 1 JUL	£100,000	£163,065	39% below HPI
1999 8 JUN	£54,250	£70,177	23% below HPI

7 OAKFIELD COURT 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 OAKFIELD COURT sales between June 1999 and November 2021 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 January 2013 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the November 2021 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

How Large is 7 OAKFIELD COURT?

7 OAKFIELD COURT is 51m² according to the EPC inspection conducted in January 2016. This puts it in the smallest 10% of detached houses in Stanley Common, based on EPC data. The below chart shows the distribution of detached houses by size in Stanley Common, and where 7 OAKFIELD COURT lies on this distribution: Less than 1% of detached houses are smaller than 7 OAKFIELD COURT, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

7 OAKFIELD COURT: Plot and Title Map

7 OAKFIELD COURT sits on a plot of roughly 0.061 of an acre, or 248m². The below map shows the location of 7 OAKFIELD COURT, 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 OAKFIELD COURT). 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 OAKFIELD COURT?

7 OAKFIELD COURT is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 7 on OAKFIELD COURT.