8, TRESSALL CLOSE, ILKESTON, DE7 5EN - £330,000

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 TRESSALL CLOSE is a midsized detached house of 94m², built sometime between 1950 and 1966, which could now be worth an estimated £327,582. It was last sold for £330,000 in April 2023, which was around 3% above the average April 2023 detached price in the Erewash local authority area. The most recent EPC inspection was September 2022, where the current energy rating was D, and the potential energy rating was C.

8 TRESSALL CLOSE Sold Prices

Land registry data shows three sales for 8 TRESSALL 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. Two of the three 8 TRESSALL CLOSE 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
2023 27 APR	£330,000	£321,358	3% above HPI
2005 29 JUL	£182,000	£179,457	1% above HPI
1996 9 OCT	£60,000	£63,324	5% below HPI

8 TRESSALL 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 TRESSALL CLOSE sales between October 1996 and April 2023 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 July 2005 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the April 2023 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 8 TRESSALL CLOSE be worth now?

8 TRESSALL CLOSE might now be worth an estimated £327,582.

This is based on house price deflation of 0.7%, between April 2023 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 0.7% deflationary decrease is applied to the most recent sale price for 8 TRESSALL CLOSE of £330,000 on 27th April 2023. For the value to have decreased from £330,000 to £327,582 over the two years and two months to February 2025, the following assumptions must hold true:

• The value of 8 TRESSALL CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2023 sale price of £330,000 represented a fair market value for the property.
• The size, condition, and specification of 8 TRESSALL CLOSE has not materially changed since April 2023.

How Large is 8 TRESSALL CLOSE?

8 TRESSALL CLOSE is 94m² according to the EPC inspection conducted in September 2022. This puts it in the smallest 50% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 8 TRESSALL CLOSE lies on this distribution: 46% of detached houses houses are smaller than 8 TRESSALL CLOSE, and 53% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

8 TRESSALL CLOSE: Plot and Title Map

8 TRESSALL CLOSE sits on a plot of roughly 0.209 of an acre, or 844m². The below map shows the location of 8 TRESSALL 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 TRESSALL 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 TRESSALL CLOSE?

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