73, HALLAM WAY, WEST HALLAM, ILKESTON, DE7 6LP - £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

73 HALLAM WAY is a small extended detached house of 76m², built sometime between 1976 and 1982. It was last sold for £215,000 in March 2024, which was around 30% below the average March 2024 detached price in the Erewash local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

73 HALLAM WAY Sold Prices

Land registry data shows three sales for 73 HALLAM WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the three 73 HALLAM WAY 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
2024 1 MAR	£215,000	£306,691	30% below HPI
2010 6 DEC	£145,000	£175,133	17% below HPI
2004 29 APR	£140,000	£155,801	10% below HPI

73 HALLAM 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 three 73 HALLAM WAY sales between April 2004 and March 2024 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 2010 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the March 2024 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 73 HALLAM WAY?

73 HALLAM WAY is 76m², which includes two extensions, according to the EPC inspection conducted in June 2023. This puts it in the smallest 30% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 73 HALLAM WAY lies on this distribution: 26% of detached houses are smaller than 73 HALLAM WAY, and 74% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

73 HALLAM WAY: Plot and Title Map

73 HALLAM WAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 73 HALLAM 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 73 HALLAM 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 73 HALLAM WAY?

73 HALLAM WAY is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 73 on HALLAM WAY.