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

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 HEDGES DRIVE is a small detached house of 83m², built sometime between 1996 and 2002, which could now be worth an estimated £280,567. It was last sold for £150,000 in February 2013, which was around 12% 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	£170,549	12% below HPI
2001 21 FEB	£85,000	£83,577	2% above HPI
1999 26 MAR	£119,350	£70,741	69% 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 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the February 2013 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 8 HEDGES DRIVE be worth now?

8 HEDGES DRIVE might now be worth an estimated £280,567.

This is based on house price inflation of 87%, between February 2013 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 87% inflationary increase is applied to the most recent sale price for 8 HEDGES DRIVE of £150,000 on 25th February 2013. For the value to have increased from £150,000 to £280,567 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 8 HEDGES DRIVE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2013 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 8 HEDGES DRIVE has not materially changed since February 2013.

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 houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 8 HEDGES DRIVE lies on this distribution: 30% of detached houses 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.