98, PARK ROAD, ILKESTON, DE7 5DF - £220,000

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

98 PARK ROAD is a large extended detached house of 115m², built sometime between 1967 and 1975. It was last sold for £220,000 in June 2021, which was around 19% below the average June 2021 detached price in the Erewash local authority area. The most recent EPC inspection was July 2020, where the current energy rating was D, and the potential energy rating was B.

98 PARK ROAD Sold Prices

Land registry data shows three sales for 98 PARK ROAD 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 98 PARK ROAD 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
2021 30 JUN	£220,000	£271,409	19% below HPI
2002 25 OCT	£89,000	£121,095	27% below HPI
2000 29 FEB	£62,000	£70,407	12% below HPI

98 PARK ROAD 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 98 PARK ROAD sales between February 2000 and June 2021 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 October 2002 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the June 2021 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 98 PARK ROAD?

98 PARK ROAD is 115m², which includes two extensions, according to the EPC inspection conducted in July 2020. This puts it in the largest 30% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 98 PARK ROAD lies on this distribution: 69% of detached houses are smaller than 98 PARK ROAD, and 29% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

98 PARK ROAD: Plot and Title Map

98 PARK ROAD sits on a plot of roughly 0.068 of an acre, or 277m². The below map shows the location of 98 PARK ROAD, 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 98 PARK ROAD). 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 98 PARK ROAD?

98 PARK ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 98 on PARK ROAD.