76, HALLAM WAY, WEST HALLAM, ILKESTON, DE7 6LE - £153,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

76 HALLAM WAY is a small detached house of 75m², built sometime between 1983 and 1990, which could now be worth an estimated £275,881. It was last sold for £153,000 in October 2012, which was around 14% below the average October 2012 detached price in the Erewash local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

76 HALLAM WAY Sold Prices

Land registry data shows three sales for 76 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 76 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
2012 22 OCT	£153,000	£176,915	14% below HPI
2003 29 AUG	£115,000	£153,993	25% below HPI
1995 18 DEC	£39,000	£62,499	38% below HPI

76 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 76 HALLAM WAY sales between December 1995 and October 2012 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 2003 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2012 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 76 HALLAM WAY be worth now?

76 HALLAM WAY might now be worth an estimated £275,881.

This is based on house price inflation of 80.3%, between October 2012 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 80.3% inflationary increase is applied to the most recent sale price for 76 HALLAM WAY of £153,000 on 22nd October 2012. For the value to have increased from £153,000 to £275,881 over the thirteen years and eight months to February 2025, the following assumptions must hold true:

• The value of 76 HALLAM WAY has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2012 sale price of £153,000 represented a fair market value for the property.
• The size, condition, and specification of 76 HALLAM WAY has not materially changed since October 2012.

How Large is 76 HALLAM WAY?

76 HALLAM WAY is 75m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 30% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 76 HALLAM WAY lies on this distribution: 25% of detached houses houses are smaller than 76 HALLAM WAY, and 75% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

76 HALLAM WAY: Plot and Title Map

76 HALLAM WAY sits on a plot of roughly 0.050 of an acre, or 203m². The below map shows the location of 76 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 76 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 76 HALLAM WAY?

76 HALLAM WAY is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 76 on HALLAM WAY.