15, WESLEY STREET, ILKESTON, DE7 8QW - £72,500

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 WESLEY STREET is a small extended semi-detached house of 78m², built sometime between 1900 and 1929, which could now be worth an estimated £97,009. It was last sold for £72,500 in March 2019, which was around 54% below the average March 2019 semi-detached price in the Erewash local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was B.

15 WESLEY STREET Sold Prices

Land registry data shows three sales for 15 WESLEY STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. All of the three 15 WESLEY STREET 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
2019 1 MAR	£72,500	£156,380	54% below HPI
2016 16 DEC	£80,000	£141,491	43% below HPI
2006 1 MAR	£90,000	£110,624	19% below HPI

15 WESLEY STREET Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The three 15 WESLEY STREET sales between March 2006 and March 2019 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 2016 sale was for 43% below the HPI. So the extrapolation line tracks at 43% below the HPI over time, until the March 2019 sale, where it falls to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 15 WESLEY STREET be worth now?

15 WESLEY STREET might now be worth an estimated £97,009.

This is based on house price inflation of 33.8%, between March 2019 and June 2025, for semi-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 33.8% inflationary increase is applied to the most recent sale price for 15 WESLEY STREET of £72,500 on 1st March 2019. For the value to have increased from £72,500 to £97,009 over the five years and nine months to June 2025, the following assumptions must hold true:

• The value of 15 WESLEY STREET has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The March 2019 sale price of £72,500 represented a fair market value for the property.
• The size, condition, and specification of 15 WESLEY STREET has not materially changed since March 2019.

How Large is 15 WESLEY STREET?

15 WESLEY STREET is 78m², which includes two extensions, according to the EPC inspection conducted in November 2016. This puts it in the smallest 30% of semi-detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ilkeston, and where 15 WESLEY STREET lies on this distribution: 25% of semi-detached houses houses are smaller than 15 WESLEY STREET, and 74% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

15 WESLEY STREET: Plot and Title Map

15 WESLEY STREET sits on a plot of roughly 66.2 acres, or 267,823m². The below map shows the location of 15 WESLEY 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 WESLEY 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 WESLEY STREET?

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