KNIGHVILLE, COTMANHAY ROAD, ILKESTON, DE7 8LL - £226,500

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

KNIGHVILLE is a small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £226,500 in June 2023, which was around 27% below the average June 2023 detached price in the Erewash local authority area. The most recent EPC inspection was February 2023, where the current energy rating was D, and the potential energy rating was C.

KNIGHVILLE Sold Prices

Land registry data shows four sales for KNIGHVILLE 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 KNIGHVILLE 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
2023 30 JUN	£226,500	£310,310	27% below HPI
2021 10 DEC	£195,000	£287,448	32% below HPI
2015 28 OCT	£150,000	£204,782	27% below HPI
2008 30 MAY	£107,950	£183,677	41% below HPI

KNIGHVILLE 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 KNIGHVILLE sales between May 2008 and June 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 December 2021 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the June 2023 sale, where it rises to 27% below the HPI. The line then continues to track at 27% below the HPI.

How Large is KNIGHVILLE?

KNIGHVILLE is 77m², which includes one extension, according to the EPC inspection conducted in February 2023. This puts it in the smallest 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 KNIGHVILLE lies on this distribution: 24% of detached houses are smaller than KNIGHVILLE, and 75% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

KNIGHVILLE: Plot and Title Map

KNIGHVILLE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of KNIGHVILLE, 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 KNIGHVILLE). 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 KNIGHVILLE?

KNIGHVILLE is located on COTMANHAY ROAD in ILKESTON, in the DE7 postcode district. The below map shows the position of KNIGHVILLE on COTMANHAY ROAD.