8, LECHLADE CLOSE, WEST HALLAM, ILKESTON, DE7 6NP - £450,000

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 LECHLADE CLOSE is a very large extended detached house of 139m², built sometime between 1983 and 1990, which could now be worth an estimated £452,811. It was last sold for £450,000 in October 2024, which was around 42% above the average October 2024 detached price in the Erewash local authority area. The most recent EPC inspection was May 2024, where the current energy rating was C, and the potential energy rating was B.

8 LECHLADE CLOSE Sold Prices

Land registry data shows six sales for 8 LECHLADE CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the six 8 LECHLADE 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
2024 28 OCT	£450,000	£317,023	42% above HPI
2014 7 FEB	£263,000	£185,712	42% above HPI
2007 22 JUN	£249,995	£186,867	34% above HPI
2005 27 OCT	£246,000	£177,252	39% above HPI
2004 28 MAY	£220,000	£165,697	33% above HPI
2000 1 SEP	£130,000	£84,467	54% above HPI

8 LECHLADE 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 six 8 LECHLADE CLOSE sales between September 2000 and October 2024 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 2014 sale was for 42% above the HPI. So the extrapolation line tracks at 42% above the HPI over time, until the October 2024 sale, which was also at 42% above the HPI.

What might 8 LECHLADE CLOSE be worth now?

8 LECHLADE CLOSE might now be worth an estimated £452,811.

This is based on house price inflation of 0.6%, between October 2024 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 0.6% inflationary increase is applied to the most recent sale price for 8 LECHLADE CLOSE of £450,000 on 28th October 2024. For the value to have increased from £450,000 to £452,811 over the one year and eight months to February 2025, the following assumptions must hold true:

• The value of 8 LECHLADE CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2024 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 8 LECHLADE CLOSE has not materially changed since October 2024.

How Large is 8 LECHLADE CLOSE?

8 LECHLADE CLOSE is 139m², which includes two extensions, according to the EPC inspection conducted in May 2024. This puts it in the largest 20% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 8 LECHLADE CLOSE lies on this distribution: 81% of detached houses houses are smaller than 8 LECHLADE CLOSE, and 19% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

8 LECHLADE CLOSE: Plot and Title Map

8 LECHLADE CLOSE sits on a plot of roughly 0.134 of an acre, or 544m². The below map shows the location of 8 LECHLADE 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 LECHLADE 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 LECHLADE CLOSE?

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