14, LOCK CLOSE, ILKESTON, DE7 4HG - £160,000

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.

14 LOCK CLOSE is a small terraced house of 86m², built sometime between 1976 and 1982, which could now be worth an estimated £173,290. It was last sold for £160,000 in January 2022, which was around 6% above the average January 2022 terraced price in the Erewash local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was B.

14 LOCK CLOSE Sold Prices

Land registry data shows three sales for 14 LOCK CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. One of the three 14 LOCK CLOSE sales was for above the average price, whilst two 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
2022 28 JAN	£160,000	£150,805	6% above HPI
2011 2 FEB	£69,000	£90,359	24% below HPI
2004 6 FEB	£59,300	£74,704	21% below HPI

14 LOCK CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Erewash local authority area over time, sourced from the HPI. The three 14 LOCK CLOSE sales between February 2004 and January 2022 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 February 2011 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the January 2022 sale, where it rises to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 14 LOCK CLOSE be worth now?

14 LOCK CLOSE might now be worth an estimated £173,290.

This is based on house price inflation of 8.3%, between January 2022 and June 2025, for terraced 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 8.3% inflationary increase is applied to the most recent sale price for 14 LOCK CLOSE of £160,000 on 28th January 2022. For the value to have increased from £160,000 to £173,290 over the two years and seven months to June 2025, the following assumptions must hold true:

• The value of 14 LOCK CLOSE has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The January 2022 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 14 LOCK CLOSE has not materially changed since January 2022.

How Large is 14 LOCK CLOSE?

14 LOCK CLOSE is 86m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 40% of terraced houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ilkeston, and where 14 LOCK CLOSE lies on this distribution: 34% of terraced houses houses are smaller than 14 LOCK CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

14 LOCK CLOSE: Plot and Title Map

14 LOCK CLOSE sits on a plot of roughly 0.025 of an acre, or 102m². The below map shows the location of 14 LOCK CLOSE, 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 14 LOCK CLOSE). 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 14 LOCK CLOSE?

14 LOCK CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 14 on LOCK CLOSE.