72, SPINNEY ROAD, ILKESTON, DE7 4LH - £215,000

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

72 SPINNEY ROAD is a small extended detached house of 74m², built sometime between 1967 and 1975. It was last sold for £215,000 in May 2021, which was around 19% below the average May 2021 detached price in the Erewash local authority area. The most recent EPC inspection was March 2020, where the current energy rating was E, and the potential energy rating was C.

72 SPINNEY ROAD Sold Prices

Land registry data shows two sales for 72 SPINNEY ROAD 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 72 SPINNEY 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
2021 27 MAY	£215,000	£266,027	19% below HPI
1996 5 JAN	£49,000	£59,137	17% below HPI

72 SPINNEY 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 two 72 SPINNEY ROAD sales from January 1996 and May 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 1996 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2021 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 72 SPINNEY ROAD?

72 SPINNEY ROAD is 74m², which includes one extension, according to the EPC inspection conducted in March 2020. This puts it in the smallest 30% 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 SPINNEY ROAD lies on this distribution: 20% of detached houses are smaller than 72 SPINNEY ROAD, and 78% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

72 SPINNEY ROAD: Plot and Title Map

72 SPINNEY ROAD sits on a plot of roughly 0.078 of an acre, or 316m². The below map shows the location of 72 SPINNEY 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 SPINNEY 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 SPINNEY ROAD?

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