7, SUMMERFIELDS WAY, ILKESTON, DE7 9HE - £185,000

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 SUMMERFIELDS WAY is a large detached house of 114m², built sometime between 1983 and 1990. It was last sold for £185,000 in March 2015, which was around 2% below the average March 2015 detached price in the Erewash local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

7 SUMMERFIELDS WAY Sold Prices

Land registry data shows six sales for 7 SUMMERFIELDS WAY since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. three of the six 7 SUMMERFIELDS WAY sales were for below the average price, and six 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
2015 27 MAR	£185,000	£189,720	2% below HPI
2014 6 AUG	£140,000	£190,201	26% below HPI
2010 23 JUL	£125,000	£176,498	29% below HPI
2004 24 SEP	£177,000	£172,677	3% above HPI
2000 14 NOV	£92,000	£81,105	13% above HPI
1999 3 DEC	£85,000	£71,282	19% above HPI

7 SUMMERFIELDS WAY 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 six 7 SUMMERFIELDS WAY sales between December 1999 and March 2015 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 August 2014 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the March 2015 sale, where it rises to 2% below the HPI. The line then continues to track at 2% below the HPI.

How Large is 7 SUMMERFIELDS WAY?

7 SUMMERFIELDS WAY is 114m² according to the EPC inspection conducted in September 2009. This puts it in the largest 40% 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 SUMMERFIELDS WAY lies on this distribution: 69% of detached houses are smaller than 7 SUMMERFIELDS WAY, and 31% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

7 SUMMERFIELDS WAY: Plot and Title Map

7 SUMMERFIELDS WAY sits on a plot of roughly 0.060 of an acre, or 241m². The below map shows the location of 7 SUMMERFIELDS WAY, 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 SUMMERFIELDS WAY). 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 SUMMERFIELDS WAY?

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