8, SPARROW CLOSE, ILKESTON, DE7 4PW - £198,000

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 SPARROW CLOSE is a large extended detached house of 109m², built sometime between 1996 and 2002. It was last sold for £198,000 in October 2004, which was around 14% above the average October 2004 detached price in the Erewash local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

8 SPARROW CLOSE Sold Prices

Land registry data shows three sales for 8 SPARROW CLOSE 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. All of the three 8 SPARROW 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
2004 8 OCT	£198,000	£173,517	14% above HPI
2002 6 DEC	£155,000	£124,050	25% above HPI
1998 19 JUN	£92,900	£69,096	34% above HPI

8 SPARROW 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 three 8 SPARROW CLOSE sales between June 1998 and October 2004 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 December 2002 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the October 2004 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

How Large is 8 SPARROW CLOSE?

8 SPARROW CLOSE is 109m², which includes one extension, according to the EPC inspection conducted in May 2015. This puts it in the largest 40% 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 SPARROW CLOSE lies on this distribution: 64% of detached houses are smaller than 8 SPARROW CLOSE, and 35% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

8 SPARROW CLOSE: Plot and Title Map

8 SPARROW CLOSE sits on a plot of roughly 0.082 of an acre, or 333m². The below map shows the location of 8 SPARROW 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 SPARROW 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 SPARROW CLOSE?

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