72, CORPORATION ROAD, ILKESTON, DE7 4AX - £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

72 CORPORATION ROAD is a small extended detached house of 85m², built sometime between 1930 and 1949. It was last sold for £185,000 in February 2022, which was around 36% below the average February 2022 detached price in the Erewash local authority area. The most recent EPC inspection was August 2021, where the current energy rating was D, and the potential energy rating was B.

72 CORPORATION ROAD Sold Prices

Land registry data shows four sales for 72 CORPORATION 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. All of the four 72 CORPORATION ROAD 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
2022 9 FEB	£185,000	£288,399	36% below HPI
2007 3 DEC	£129,500	£189,193	32% below HPI
1997 18 JUN	£45,000	£65,053	31% below HPI
1997 14 APR	£24,000	£63,331	62% below HPI

72 CORPORATION 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 72 CORPORATION ROAD sales between April 1997 and February 2022 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 December 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the February 2022 sale, where it falls to 36% below the HPI. The line then continues to track at 36% below the HPI.

How Large is 72 CORPORATION ROAD?

72 CORPORATION ROAD is 85m², which includes one extension, according to the EPC inspection conducted in August 2021. This puts it in the smallest 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 72 CORPORATION ROAD lies on this distribution: 33% of detached houses are smaller than 72 CORPORATION ROAD, and 66% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

72 CORPORATION ROAD: Plot and Title Map

72 CORPORATION ROAD sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 72 CORPORATION 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 72 CORPORATION 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 72 CORPORATION ROAD?

72 CORPORATION ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 72 on CORPORATION ROAD.