9, COTTAGE CLOSE, ILKESTON, DE7 8TZ - £150,000

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.

9 COTTAGE CLOSE is a very small detached house of 60m², built sometime between 1967 and 1975, which could now be worth an estimated £256,277. It was last sold for £150,000 in April 2014, which was around 20% below the average April 2014 detached price in the Erewash local authority area. The most recent EPC inspection was July 2009, where the current energy rating was E, and the potential energy rating was D.

9 COTTAGE CLOSE Sold Prices

Land registry data shows four sales for 9 COTTAGE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 9 COTTAGE 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
2014 16 APR	£150,000	£186,714	20% below HPI
2011 18 NOV	£149,950	£174,317	14% below HPI
2002 19 APR	£95,950	£101,034	5% below HPI
1996 3 OCT	£51,000	£63,324	19% below HPI

9 COTTAGE 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 four 9 COTTAGE CLOSE sales between October 1996 and April 2014 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 November 2011 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the April 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 9 COTTAGE CLOSE be worth now?

9 COTTAGE CLOSE might now be worth an estimated £256,277.

This is based on house price inflation of 70.9%, between April 2014 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 70.9% inflationary increase is applied to the most recent sale price for 9 COTTAGE CLOSE of £150,000 on 16th April 2014. For the value to have increased from £150,000 to £256,277 over the eleven years and two months to February 2025, the following assumptions must hold true:

• The value of 9 COTTAGE CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The April 2014 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 9 COTTAGE CLOSE has not materially changed since April 2014.

How Large is 9 COTTAGE CLOSE?

9 COTTAGE CLOSE is 60m² according to the EPC inspection conducted in July 2009. This puts it in the smallest 10% 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 9 COTTAGE CLOSE lies on this distribution: 9% of detached houses houses are smaller than 9 COTTAGE CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

9 COTTAGE CLOSE: Plot and Title Map

9 COTTAGE CLOSE sits on a plot of roughly 0.191 of an acre, or 774m². The below map shows the location of 9 COTTAGE 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 9 COTTAGE 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 9 COTTAGE CLOSE?

9 COTTAGE CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 9 on COTTAGE CLOSE.