7, WESLEY STREET, ILKESTON, DE7 8QW - £187,500

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

7 WESLEY STREET is a very small detached house of 57m², built sometime between 1976 and 1982. It was last sold for £187,500 in November 2023, which was around 39% below the average November 2023 detached price in the Erewash local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

7 WESLEY STREET Sold Prices

Land registry data shows two sales for 7 WESLEY STREET 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 WESLEY STREET 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
2023 14 NOV	£187,500	£305,669	39% below HPI
2007 28 FEB	£90,000	£186,936	52% below HPI

7 WESLEY STREET 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 WESLEY STREET sales from February 2007 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 February 2007 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the November 2023 sale, where it rises to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 7 WESLEY STREET?

7 WESLEY STREET is 57m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% 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 WESLEY STREET lies on this distribution: 5% of detached houses are smaller than 7 WESLEY STREET, and 94% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

7 WESLEY STREET: Plot and Title Map

7 WESLEY STREET sits on a plot of roughly 0.056 of an acre, or 227m². The below map shows the location of 7 WESLEY STREET, 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 WESLEY STREET). 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 WESLEY STREET?

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