8, THE GRANGE, SMALLEY, ILKESTON, DE7 6JZ - £630,000

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 THE GRANGE is a very large detached house of 255m², built sometime between 1996 and 2002, which could now be worth an estimated £803,501. It was last sold for £630,000 in October 2020, which was around 136% above the average October 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

8 THE GRANGE Sold Prices

Land registry data shows three sales for 8 THE GRANGE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Two of the three 8 THE GRANGE sales were for above the average price, whilst one was 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
2020 23 OCT	£630,000	£266,491	136% above HPI
2013 24 JAN	£540,000	£185,365	191% above HPI
1997 11 NOV	£55,000	£65,445	16% below HPI

8 THE GRANGE 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 three 8 THE GRANGE sales between November 1997 and October 2020 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 2013 sale was for 191% above the HPI. So the extrapolation line tracks at 191% above the HPI over time, until the October 2020 sale, where it falls to 136% above the HPI. The line then continues to track at 136% above the HPI.

What might 8 THE GRANGE be worth now?

8 THE GRANGE might now be worth an estimated £803,501.

This is based on house price inflation of 27.5%, between October 2020 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 27.5% inflationary increase is applied to the most recent sale price for 8 THE GRANGE of £630,000 on 23rd October 2020. For the value to have increased from £630,000 to £803,501 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 8 THE GRANGE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2020 sale price of £630,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE GRANGE has not materially changed since October 2020.

How Large is 8 THE GRANGE?

8 THE GRANGE is 255m² according to the EPC inspection conducted in September 2012. This puts it in the largest 10% 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 THE GRANGE lies on this distribution: 99% of detached houses houses are smaller than 8 THE GRANGE, and 1% of houses are larger. Note that EPC data is not available for all properties in Smalley.

8 THE GRANGE: Plot and Title Map

8 THE GRANGE sits on a plot of roughly 0.255 of an acre, or 1,030m². The below map shows the location of 8 THE GRANGE, 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 THE GRANGE). 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 THE GRANGE?

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