173, PARK ROAD, ILKESTON, DE7 5DN - £174,500

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.

173 PARK ROAD is a very small semi-detached house of 73m², built sometime between 1900 and 1929, which could now be worth an estimated £186,203. It was last sold for £174,500 in August 2022, which was around 16% below the average August 2022 semi-detached price in the Erewash local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

173 PARK ROAD Sold Prices

Land registry data shows four sales for 173 PARK ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. All of the four 173 PARK ROAD 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
2022 19 AUG	£174,500	£206,887	16% below HPI
2020 14 AUG	£140,100	£166,161	16% below HPI
2016 15 JAN	£99,950	£135,327	26% below HPI
2013 26 JUL	£72,000	£113,118	36% below HPI

173 PARK ROAD 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 four 173 PARK ROAD sales between July 2013 and August 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 August 2020 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the August 2022 sale, which was also at 16% below the HPI.

What might 173 PARK ROAD be worth now?

173 PARK ROAD might now be worth an estimated £186,203.

This is based on house price inflation of 6.7%, between August 2022 and May 2026, 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 6.7% inflationary increase is applied to the most recent sale price for 173 PARK ROAD of £174,500 on 19th August 2022. For the value to have increased from £174,500 to £186,203 over the four years and three months to May 2026, the following assumptions must hold true:

• The value of 173 PARK ROAD has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The August 2022 sale price of £174,500 represented a fair market value for the property.
• The size, condition, and specification of 173 PARK ROAD has not materially changed since August 2022.

How Large is 173 PARK ROAD?

173 PARK ROAD is 73m² according to the EPC inspection conducted in June 2020. This puts it in the smallest 20% 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 173 PARK ROAD lies on this distribution: 19% of semi-detached houses houses are smaller than 173 PARK ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

173 PARK ROAD: Plot and Title Map

173 PARK ROAD sits on a plot of roughly 2.8 acres, or 11,175m². The below map shows the location of 173 PARK ROAD, 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 173 PARK ROAD). 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 173 PARK ROAD?

173 PARK ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 173 on PARK ROAD.