8, MITCHELLS TERRACE, ILKESTON, DE7 4DY - £150,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 MITCHELLS TERRACE is a very small detached house of 46m², built sometime between 1950 and 1966. It was last sold for £150,000 in July 2021, which was around 44% below the average July 2021 detached price in the Erewash local authority area. The most recent EPC inspection was June 2018, where the current energy rating was D, and the potential energy rating was B.

8 MITCHELLS TERRACE Sold Prices

Land registry data shows two sales for 8 MITCHELLS TERRACE 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 MITCHELLS TERRACE 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
2021 9 JUL	£150,000	£268,765	44% below HPI
2019 1 NOV	£131,000	£238,490	45% below HPI

8 MITCHELLS TERRACE 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 MITCHELLS TERRACE sales from November 2019 and July 2021 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 November 2019 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the July 2021 sale, where it rises to 44% below the HPI. The line then continues to track at 44% below the HPI.

How Large is 8 MITCHELLS TERRACE?

8 MITCHELLS TERRACE is 46m² according to the EPC inspection conducted in June 2018. This puts it in the smallest 10% 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 MITCHELLS TERRACE lies on this distribution: 1% of detached houses are smaller than 8 MITCHELLS TERRACE, and 99% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

8 MITCHELLS TERRACE: Plot and Title Map

8 MITCHELLS TERRACE sits on a plot of roughly 0.083 of an acre, or 336m². The below map shows the location of 8 MITCHELLS TERRACE, 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 MITCHELLS TERRACE). 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 MITCHELLS TERRACE?

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