8, HEDGES DRIVE, ILKESTON, DE7 4PU - £150,000

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

8 HEDGES DRIVE is a small detached house of 83m², built sometime between 1996 and 2002. It was last sold for £150,000 in February 2013, which was around 9% below the average February 2013 detached price in the Erewash local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was D.

8 HEDGES DRIVE Sold Prices

Land registry data shows three sales for 8 HEDGES 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. One of the three 8 HEDGES DRIVE sales was for below the average price, whilst two 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
2013 25 FEB	£150,000	£165,427	9% below HPI
2001 21 FEB	£85,000	£81,067	5% above HPI
1999 26 MAR	£119,350	£68,616	74% above HPI

8 HEDGES 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 HEDGES DRIVE sales between March 1999 and February 2013 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 February 2001 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the February 2013 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

How Large is 8 HEDGES DRIVE?

8 HEDGES DRIVE is 83m² according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% 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 HEDGES DRIVE lies on this distribution: 30% of detached houses are smaller than 8 HEDGES DRIVE, and 70% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

8 HEDGES DRIVE: Plot and Title Map

8 HEDGES DRIVE sits on a plot of roughly 0.080 of an acre, or 322m². The below map shows the location of 8 HEDGES 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 HEDGES 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 HEDGES DRIVE?

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