9, THE VALE, ILKESTON, DE7 8PG - £345,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

9 THE VALE is a large detached house of 120m², built sometime between 1996 and 2002, which could now be worth an estimated £448,198. It was last sold for £345,000 in September 2018, which was around 40% above the average September 2018 detached price in the Erewash local authority area. The most recent EPC inspection was July 2018, where the current energy rating was C, and the potential energy rating was C.

9 THE VALE Sold Prices

Land registry data shows three sales for 9 THE VALE 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 9 THE VALE 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
2018 24 SEP	£345,000	£245,552	40% above HPI
2007 5 APR	£249,950	£187,549	33% above HPI
1999 27 AUG	£95,000	£73,247	30% above HPI

9 THE VALE 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 9 THE VALE sales between August 1999 and September 2018 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 April 2007 sale was for 33% above the HPI. So the extrapolation line tracks at 33% above the HPI over time, until the September 2018 sale, where it rises to 40% above the HPI. The line then continues to track at 40% above the HPI.

What might 9 THE VALE be worth now?

9 THE VALE might now be worth an estimated £448,198.

This is based on house price inflation of 29.9%, between September 2018 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 29.9% inflationary increase is applied to the most recent sale price for 9 THE VALE of £345,000 on 24th September 2018. For the value to have increased from £345,000 to £448,198 over the seven years and seven months to February 2025, the following assumptions must hold true:

• The value of 9 THE VALE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2018 sale price of £345,000 represented a fair market value for the property.
• The size, condition, and specification of 9 THE VALE has not materially changed since September 2018.

How Large is 9 THE VALE?

9 THE VALE is 120m² according to the EPC inspection conducted in July 2018. This puts it in the largest 30% 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 THE VALE lies on this distribution: 74% of detached houses houses are smaller than 9 THE VALE, and 25% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

9 THE VALE: Plot and Title Map

9 THE VALE sits on a plot of roughly 0.143 of an acre, or 579m². The below map shows the location of 9 THE VALE, 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 THE VALE). 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 THE VALE?

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