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
8 BRIGHT STREET is a small detached house of 75m², built sometime between 1976 and 1982. It was last sold for £149,950 in December 2014, which was around 22% below the average December 2014 detached price in the Erewash local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows three sales for 8 BRIGHT STREET since 1st 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 8 BRIGHT 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 |
---|---|---|---|
2014 12 DEC | £149,950 | £192,136 | 22% below HPI |
2011 18 APR | £140,000 | £166,960 | 16% below HPI |
2004 24 SEP | £142,500 | £172,677 | 17% below HPI |
The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The three 8 BRIGHT STREET sales between September 2004 and December 2014 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 April 2011 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the December 2014 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.
8 BRIGHT STREET is 75m² according to the EPC inspection conducted in July 2010. 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 8 BRIGHT STREET lies on this distribution: 23% of detached houses are smaller than 8 BRIGHT STREET, and 77% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.
8 BRIGHT STREET sits on a plot of roughly 0.110 of an acre, or 445m². The below map shows the location of 8 BRIGHT 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 8 BRIGHT 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.
8 BRIGHT STREET is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 8 on BRIGHT STREET.