WADE HOUSE, GREEN LANE, ILKESTON, DE7 5PN - £570,000

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

WADE HOUSE is a very large extended detached house of 138m², built sometime between 1900 and 1929. It was last sold for £570,000 in March 2021, which was around 115% above the average March 2021 detached price in the Erewash local authority area. The most recent EPC inspection was May 2015, where the current energy rating was D, and the potential energy rating was C.

WADE HOUSE Sold Prices

Land registry data shows two sales for WADE HOUSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two WADE HOUSE 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
2021 30 MAR	£570,000	£265,542	115% above HPI
2017 9 JUN	£249,995	£221,739	13% above HPI

WADE 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 two WADE HOUSE sales from June 2017 and March 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 June 2017 sale was for 13% above the HPI. So the extrapolation line tracks at 13% above the HPI over time, until the March 2021 sale, where it rises to 115% above the HPI. The line then continues to track at 115% above the HPI.

How Large is WADE HOUSE?

WADE HOUSE is 138m², which includes three extensions, according to the EPC inspection conducted in May 2015. This puts it in the largest 20% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where WADE HOUSE lies on this distribution: 87% of detached houses are smaller than WADE HOUSE, and 13% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

WADE HOUSE: Plot and Title Map

WADE HOUSE sits on a plot of roughly 0.900 of an acre, or 3,641m². The below map shows the location of WADE 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 WADE 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 WADE HOUSE?

WADE HOUSE is located on GREEN LANE in ILKESTON, in the DE7 postcode district. The below map shows the position of WADE HOUSE on GREEN LANE.