15, NEW STREET, STANLEY, ILKESTON, DE7 6FD - £145,000

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.

15 NEW STREET is a small extended terraced house of 98m², built sometime between 1900 and 1929, which could now be worth an estimated £199,399. It was last sold for £145,000 in March 2018, which was around 22% above the average March 2018 terraced price in the Erewash local authority area. The most recent EPC inspection was June 2009, where the current energy rating was E, and the potential energy rating was D.

15 NEW STREET Sold Prices

Land registry data shows three sales for 15 NEW STREET 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. All of the three 15 NEW STREET 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
2018 5 MAR	£145,000	£118,772	22% above HPI
2010 30 JUN	£108,500	£92,303	18% above HPI
2003 12 MAR	£95,000	£60,299	58% above HPI

15 NEW STREET 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 15 NEW STREET sales between March 2003 and March 2018 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 2010 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the March 2018 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 15 NEW STREET be worth now?

15 NEW STREET might now be worth an estimated £199,399.

This is based on house price inflation of 37.5%, between March 2018 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 37.5% inflationary increase is applied to the most recent sale price for 15 NEW STREET of £145,000 on 5th March 2018. For the value to have increased from £145,000 to £199,399 over the six years and nine months to June 2025, the following assumptions must hold true:

• The value of 15 NEW STREET has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The March 2018 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NEW STREET has not materially changed since March 2018.

How Large is 15 NEW STREET?

15 NEW STREET is 98m², which includes one extension, according to the EPC inspection conducted in June 2009. This puts it in the smallest 40% of terraced houses houses in Stanley, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Stanley, and where 15 NEW STREET lies on this distribution: 36% of terraced houses houses are smaller than 15 NEW STREET, and 64% of houses are larger. Note that EPC data is not available for all properties in Stanley.

15 NEW STREET: Plot and Title Map

15 NEW STREET sits on a plot of roughly 0.041 of an acre, or 167m². The below map shows the location of 15 NEW STREET, 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 15 NEW STREET). 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 15 NEW STREET?

15 NEW STREET is located in STANLEY, in the DE7 postcode district. The below map shows the position of No. 15 on NEW STREET.