8, CHERITON DRIVE, ILKESTON, DE7 9HP - £144,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CHERITON DRIVE is a very small extended detached house of 73m², built sometime between 1983 and 1990, which could now be worth an estimated £257,867. It was last sold for £144,000 in May 2006, which was around 19% below the average May 2006 detached price in the Erewash local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

8 CHERITON DRIVE Sold Prices

Land registry data shows three sales for 8 CHERITON DRIVE 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 8 CHERITON DRIVE 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
2006 26 MAY	£144,000	£178,140	19% below HPI
2001 4 MAY	£76,500	£86,659	12% below HPI
1997 21 FEB	£50,000	£65,163	23% below HPI

8 CHERITON DRIVE 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 8 CHERITON DRIVE sales between February 1997 and May 2006 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 May 2001 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the May 2006 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 8 CHERITON DRIVE be worth now?

8 CHERITON DRIVE might now be worth an estimated £257,867.

This is based on house price inflation of 79.1%, between May 2006 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 79.1% inflationary increase is applied to the most recent sale price for 8 CHERITON DRIVE of £144,000 on 26th May 2006. For the value to have increased from £144,000 to £257,867 over the nineteen years and three months to February 2025, the following assumptions must hold true:

• The value of 8 CHERITON DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2006 sale price of £144,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHERITON DRIVE has not materially changed since May 2006.

How Large is 8 CHERITON DRIVE?

8 CHERITON DRIVE is 73m², which includes one extension, according to the EPC inspection conducted in April 2014. This puts it in the smallest 20% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 8 CHERITON DRIVE lies on this distribution: 19% of detached houses houses are smaller than 8 CHERITON DRIVE, and 80% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

8 CHERITON DRIVE: Plot and Title Map

8 CHERITON DRIVE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 8 CHERITON DRIVE, 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 CHERITON DRIVE). 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 8 CHERITON DRIVE?

8 CHERITON DRIVE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 8 on CHERITON DRIVE.