8, FERNILEE CLOSE, WEST HALLAM, ILKESTON, DE7 6NG - £227,500

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 FERNILEE CLOSE is a large detached house of 109m², built sometime between 1976 and 1982. It was last sold for £227,500 in January 2016, which was around 11% above the average January 2016 detached price in the Erewash local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

8 FERNILEE CLOSE Sold Prices

Land registry data shows two sales for 8 FERNILEE CLOSE 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 8 FERNILEE CLOSE sales were for above 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
2016 21 JAN	£227,500	£204,804	11% above HPI
1996 19 JAN	£68,000	£59,137	15% above HPI

8 FERNILEE CLOSE 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 8 FERNILEE CLOSE sales from January 1996 and January 2016 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 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the January 2016 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

How Large is 8 FERNILEE CLOSE?

8 FERNILEE CLOSE is 109m² according to the EPC inspection conducted in September 2015. This puts it in the largest 40% 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 8 FERNILEE CLOSE lies on this distribution: 62% of detached houses are smaller than 8 FERNILEE CLOSE, and 38% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

8 FERNILEE CLOSE: Plot and Title Map

8 FERNILEE CLOSE sits on a plot of roughly 0.096 of an acre, or 389m². The below map shows the location of 8 FERNILEE CLOSE, 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 FERNILEE CLOSE). 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 FERNILEE CLOSE?

8 FERNILEE CLOSE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 8 on FERNILEE CLOSE.