8, VINE FARM CLOSE, ILKESTON, DE7 4NG - £138,500

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 VINE FARM CLOSE is a very small detached house of 62m², built sometime between 1950 and 1966. It was last sold for £138,500 in December 2013, which was around 22% below the average December 2013 detached price in the Erewash local authority area. The most recent EPC inspection was June 2013, where the current energy rating was D, and the potential energy rating was B.

8 VINE FARM CLOSE Sold Prices

Land registry data shows two sales for 8 VINE FARM CLOSE 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 VINE FARM 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
2013 11 DEC	£138,500	£176,454	22% below HPI
2008 31 MAR	£70,000	£186,161	62% below HPI

8 VINE FARM 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 two 8 VINE FARM CLOSE sales from March 2008 and December 2013 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 March 2008 sale was for 62% below the HPI. So the extrapolation line tracks at 62% below the HPI over time, until the December 2013 sale, where it rises to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 8 VINE FARM CLOSE?

8 VINE FARM CLOSE is 62m² according to the EPC inspection conducted in June 2013. 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 VINE FARM CLOSE lies on this distribution: 10% of detached houses are smaller than 8 VINE FARM CLOSE, and 90% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

8 VINE FARM CLOSE: Plot and Title Map

8 VINE FARM CLOSE sits on a plot of roughly 0.118 of an acre, or 476m². The below map shows the location of 8 VINE FARM 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 VINE FARM 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 VINE FARM CLOSE?

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