8, LAUREL CRESCENT, SMALLEY, ILKESTON, DE7 6EJ - £215,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

8 LAUREL CRESCENT is a very small detached house of 90m², built sometime between 1967 and 1975, which could now be worth an estimated £306,710. It was last sold for £215,000 in April 2018, which was around 10% below the average April 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2012, where the current energy rating was B, and the potential energy rating was B.

8 LAUREL CRESCENT Sold Prices

Land registry data shows two sales for 8 LAUREL CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 8 LAUREL CRESCENT 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
2018 12 APR	£215,000	£238,253	10% below HPI
2018 20 FEB	£194,000	£234,371	17% below HPI

8 LAUREL CRESCENT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 8 LAUREL CRESCENT sales from February 2018 and April 2018 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 2018 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the April 2018 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 8 LAUREL CRESCENT be worth now?

8 LAUREL CRESCENT might now be worth an estimated £306,710.

This is based on house price inflation of 42.7%, between April 2018 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.7% inflationary increase is applied to the most recent sale price for 8 LAUREL CRESCENT of £215,000 on 12th April 2018. For the value to have increased from £215,000 to £306,710 over the seven years and two months to February 2025, the following assumptions must hold true:

• The value of 8 LAUREL CRESCENT has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The April 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LAUREL CRESCENT has not materially changed since April 2018.

How Large is 8 LAUREL CRESCENT?

8 LAUREL CRESCENT is 90m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of detached houses houses in Smalley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smalley, and where 8 LAUREL CRESCENT lies on this distribution: 12% of detached houses houses are smaller than 8 LAUREL CRESCENT, and 85% of houses are larger. Note that EPC data is not available for all properties in Smalley.

8 LAUREL CRESCENT: Plot and Title Map

8 LAUREL CRESCENT sits on a plot of roughly 0.100 of an acre, or 404m². The below map shows the location of 8 LAUREL CRESCENT, 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 LAUREL CRESCENT). 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 LAUREL CRESCENT?

8 LAUREL CRESCENT is located in SMALLEY, in the DE7 postcode district. The below map shows the position of No. 8 on LAUREL CRESCENT.