THE WILLOWS, SHIPLEY COMMON LANE, ILKESTON, DE7 8TQ - £184,000

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 WILLOWS is a midsized detached house of 95m², built sometime between 1996 and 2002. It was last sold for £184,000 in March 2014, which was around 2% above the average March 2014 detached price in the Erewash local authority area. The most recent EPC inspection was July 2010, where the current energy rating was D, and the potential energy rating was C.

THE WILLOWS Sold Prices

Land registry data shows three sales for THE WILLOWS 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 WILLOWS 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
2014 20 MAR	£184,000	£179,631	2% above HPI
2001 31 AUG	£105,000	£91,132	15% above HPI
1995 12 SEP	£68,000	£60,692	12% above HPI

THE WILLOWS 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 WILLOWS sales between September 1995 and March 2014 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 August 2001 sale was for 15% above the HPI. So the extrapolation line tracks at 15% above the HPI over time, until the March 2014 sale, where it falls to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is THE WILLOWS?

THE WILLOWS is 95m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 50% 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 WILLOWS lies on this distribution: 47% of detached houses are smaller than THE WILLOWS, and 53% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

THE WILLOWS: Plot and Title Map

THE WILLOWS sits on a plot of roughly 0.075 of an acre, or 304m². The below map shows the location of THE WILLOWS, 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 WILLOWS). 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 WILLOWS?

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