THE BIRCHES, SHIPLEY COMMON LANE, ILKESTON, DE7 8TQ - £164,000

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

THE BIRCHES is a small extended detached house of 89m², built sometime between 1996 and 2002. It was last sold for £164,000 in August 2012, which was around 4% below the average August 2012 detached price in the Erewash local authority area. The most recent EPC inspection was March 2012, where the current energy rating was D, and the potential energy rating was C.

THE BIRCHES Sold Prices

Land registry data shows three sales for THE BIRCHES 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 THE BIRCHES 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
2012 8 AUG	£164,000	£171,195	4% below HPI
2005 10 JUN	£167,000	£169,101	1% below HPI
1996 24 MAY	£59,995	£60,299	1% below HPI

THE BIRCHES 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 THE BIRCHES sales between May 1996 and August 2012 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 June 2005 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the August 2012 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

How Large is THE BIRCHES?

THE BIRCHES is 89m², which includes one extension, according to the EPC inspection conducted in March 2012. This puts it in the smallest 40% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where THE BIRCHES lies on this distribution: 39% of detached houses are smaller than THE BIRCHES, and 61% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

THE BIRCHES: Plot and Title Map

THE BIRCHES sits on a plot of roughly 0.061 of an acre, or 246m². The below map shows the location of THE BIRCHES, 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 THE BIRCHES). 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 THE BIRCHES?

THE BIRCHES is located on SHIPLEY COMMON LANE in ILKESTON, in the DE7 postcode district. The below map shows the position of THE BIRCHES on SHIPLEY COMMON LANE.