THE OLD SCHOOL HOUSE, LADYWOOD ROAD, ILKESTON, DE7 4NF - £197,500

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

THE OLD SCHOOL HOUSE is a small extended detached house of 81m², built sometime between 1967 and 1975. It was last sold for £197,500 in July 2019, which was around 18% below the average July 2019 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 E.

THE OLD SCHOOL HOUSE Sold Prices

Land registry data shows three sales for THE OLD SCHOOL HOUSE 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. One of the three THE OLD SCHOOL HOUSE sales was for below the average price, whilst two 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
2019 29 JUL	£197,500	£241,390	18% below HPI
2010 29 APR	£225,000	£171,531	31% above HPI
2002 15 MAR	£100,000	£93,967	6% above HPI

THE OLD SCHOOL HOUSE 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 OLD SCHOOL HOUSE sales between March 2002 and July 2019 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 2010 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the July 2019 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

How Large is THE OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is 81m², which includes one extension, according to the EPC inspection conducted in July 2009. 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 THE OLD SCHOOL HOUSE lies on this distribution: 28% of detached houses are smaller than THE OLD SCHOOL HOUSE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

THE OLD SCHOOL HOUSE: Plot and Title Map

THE OLD SCHOOL HOUSE sits on a plot of roughly 0.107 of an acre, or 435m². The below map shows the location of THE OLD SCHOOL HOUSE, 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 OLD SCHOOL HOUSE). 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 OLD SCHOOL HOUSE?

THE OLD SCHOOL HOUSE is located on LADYWOOD ROAD in ILKESTON, in the DE7 postcode district. The below map shows the position of THE OLD SCHOOL HOUSE on LADYWOOD ROAD.