8, NEWBRIDGE CLOSE, WEST HALLAM, ILKESTON, DE7 6LY - £179,950

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 NEWBRIDGE CLOSE is a very small detached house of 70m², built sometime between 1991 and 1995. It was last sold for £179,950 in October 2017, which was around 20% below the average October 2017 detached price in the Erewash local authority area. The most recent EPC inspection was February 2022, where the current energy rating was C, and the potential energy rating was B.

8 NEWBRIDGE CLOSE Sold Prices

Land registry data shows five sales for 8 NEWBRIDGE CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the five 8 NEWBRIDGE CLOSE 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
2017 12 OCT	£179,950	£226,090	20% below HPI
2011 7 JAN	£146,500	£176,196	17% below HPI
2007 27 APR	£154,000	£181,917	15% below HPI
2001 2 NOV	£75,500	£94,320	20% below HPI
1995 25 OCT	£55,000	£61,595	11% below HPI

8 NEWBRIDGE 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 five 8 NEWBRIDGE CLOSE sales between October 1995 and October 2017 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 January 2011 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the October 2017 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 8 NEWBRIDGE CLOSE?

8 NEWBRIDGE CLOSE is 70m² according to the EPC inspection conducted in February 2022. This puts it in the smallest 20% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 8 NEWBRIDGE CLOSE lies on this distribution: 17% of detached houses are smaller than 8 NEWBRIDGE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

8 NEWBRIDGE CLOSE: Plot and Title Map

8 NEWBRIDGE CLOSE sits on a plot of roughly 0.069 of an acre, or 281m². The below map shows the location of 8 NEWBRIDGE 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 NEWBRIDGE 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 NEWBRIDGE CLOSE?

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