18, HOBSON DRIVE, ILKESTON, DE7 4LL - £82,500

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.

18 HOBSON DRIVE is a small extended terraced house of 87m², built sometime between 1900 and 1929, which could now be worth an estimated £162,039. It was last sold for £82,500 in June 2004, which was around 1% below the average June 2004 terraced price in the Erewash local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was C.

18 HOBSON DRIVE Sold Prices

Land registry data shows two sales for 18 HOBSON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. Both of the two 18 HOBSON DRIVE 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
2004 25 JUN	£82,500	£83,158	1% below HPI
2000 1 SEP	£30,000	£36,953	19% below HPI

18 HOBSON DRIVE 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 two 18 HOBSON DRIVE sales from September 2000 and June 2004 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 September 2000 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the June 2004 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 18 HOBSON DRIVE be worth now?

18 HOBSON DRIVE might now be worth an estimated £162,039.

This is based on house price inflation of 96.4%, between June 2004 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 96.4% inflationary increase is applied to the most recent sale price for 18 HOBSON DRIVE of £82,500 on 25th June 2004. For the value to have increased from £82,500 to £162,039 over the 21 years to June 2025, the following assumptions must hold true:

• The value of 18 HOBSON DRIVE has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The June 2004 sale price of £82,500 represented a fair market value for the property.
• The size, condition, and specification of 18 HOBSON DRIVE has not materially changed since June 2004.

How Large is 18 HOBSON DRIVE?

18 HOBSON DRIVE is 87m², which includes two extensions, according to the EPC inspection conducted in July 2016. 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 18 HOBSON DRIVE lies on this distribution: 35% of terraced houses houses are smaller than 18 HOBSON DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

18 HOBSON DRIVE: Plot and Title Map

18 HOBSON DRIVE sits on a plot of roughly 0.035 of an acre, or 141m². The below map shows the location of 18 HOBSON DRIVE, 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 18 HOBSON DRIVE). 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 18 HOBSON DRIVE?

18 HOBSON DRIVE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 18 on HOBSON DRIVE.