11, CAVERSHAM WAY, WEST HALLAM, ILKESTON, DE7 6LN - £235,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

11 CAVERSHAM WAY is a midsized detached house of 101m², built sometime between 1976 and 1982, which could now be worth an estimated £273,334. It was last sold for £235,000 in May 2021, which was around 14% below the average May 2021 detached price in the Erewash local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

11 CAVERSHAM WAY Sold Prices

Land registry data shows three sales for 11 CAVERSHAM WAY 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 11 CAVERSHAM WAY 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
2021 21 MAY	£235,000	£274,264	14% below HPI
2003 1 DEC	£130,000	£156,141	17% below HPI
1999 5 FEB	£59,999	£70,378	15% below HPI

11 CAVERSHAM WAY 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 11 CAVERSHAM WAY sales between February 1999 and May 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 December 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the May 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 11 CAVERSHAM WAY be worth now?

11 CAVERSHAM WAY might now be worth an estimated £273,334.

This is based on house price inflation of 16.3%, between May 2021 and February 2025, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 16.3% inflationary increase is applied to the most recent sale price for 11 CAVERSHAM WAY of £235,000 on 21st May 2021. For the value to have increased from £235,000 to £273,334 over the four years and three months to February 2025, the following assumptions must hold true:

• The value of 11 CAVERSHAM WAY has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2021 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 11 CAVERSHAM WAY has not materially changed since May 2021.

How Large is 11 CAVERSHAM WAY?

11 CAVERSHAM WAY is 101m² according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 11 CAVERSHAM WAY lies on this distribution: 53% of detached houses houses are smaller than 11 CAVERSHAM WAY, and 45% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

11 CAVERSHAM WAY: Plot and Title Map

11 CAVERSHAM WAY sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 11 CAVERSHAM WAY, 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 11 CAVERSHAM WAY). 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 11 CAVERSHAM WAY?

11 CAVERSHAM WAY is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 11 on CAVERSHAM WAY.