15, WESTFIELD CLOSE, ILKESTON, DE7 4JT - £130,000

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 WESTFIELD CLOSE is a very small semi-detached house of 55m², built sometime between 1950 and 1966, which could now be worth an estimated £163,707. It was last sold for £130,000 in August 2020, which was around 22% below the average August 2020 semi-detached price in the Erewash local authority area. The most recent EPC inspection was October 2016, where the current energy rating was D, and the potential energy rating was B.

15 WESTFIELD CLOSE Sold Prices

Land registry data shows two sales for 15 WESTFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Both of the two 15 WESTFIELD CLOSE 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
2020 17 AUG	£130,000	£166,161	22% below HPI
2017 13 APR	£120,000	£140,613	15% below HPI

15 WESTFIELD CLOSE 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 two 15 WESTFIELD CLOSE sales from April 2017 and August 2020 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 April 2017 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the August 2020 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 15 WESTFIELD CLOSE be worth now?

15 WESTFIELD CLOSE might now be worth an estimated £163,707.

This is based on house price inflation of 25.9%, between August 2020 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 25.9% inflationary increase is applied to the most recent sale price for 15 WESTFIELD CLOSE of £130,000 on 17th August 2020. For the value to have increased from £130,000 to £163,707 over the five years and two months to June 2025, the following assumptions must hold true:

• The value of 15 WESTFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The August 2020 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 15 WESTFIELD CLOSE has not materially changed since August 2020.

How Large is 15 WESTFIELD CLOSE?

15 WESTFIELD CLOSE is 55m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 10% 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 WESTFIELD CLOSE lies on this distribution: 4% of semi-detached houses houses are smaller than 15 WESTFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

15 WESTFIELD CLOSE: Plot and Title Map

15 WESTFIELD CLOSE sits on a plot of roughly 0.060 of an acre, or 242m². The below map shows the location of 15 WESTFIELD 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 15 WESTFIELD 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 15 WESTFIELD CLOSE?

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