18, HORSECROFT CLOSE, ILKESTON, DE7 9LD - £146,000

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.

18 HORSECROFT CLOSE is a very small semi-detached house of 58m², built sometime between 1991 and 1995, which could now be worth an estimated £171,125. It was last sold for £146,000 in April 2021, which was around 18% below the average April 2021 semi-detached price in the Erewash local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

18 HORSECROFT CLOSE Sold Prices

Land registry data shows five sales for 18 HORSECROFT CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Most of the five 18 HORSECROFT 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
2021 26 APR	£146,000	£178,522	18% below HPI
2009 11 SEP	£92,500	£110,356	16% below HPI
2009 6 FEB	£105,000	£107,810	3% below HPI
2001 30 MAR	£53,000	£49,053	8% above HPI
1997 22 AUG	£48,500	£40,497	20% above HPI

18 HORSECROFT 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 five 18 HORSECROFT CLOSE sales between August 1997 and April 2021 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 2009 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the April 2021 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 18 HORSECROFT CLOSE be worth now?

18 HORSECROFT CLOSE might now be worth an estimated £171,125.

This is based on house price inflation of 17.2%, between April 2021 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 17.2% inflationary increase is applied to the most recent sale price for 18 HORSECROFT CLOSE of £146,000 on 26th April 2021. For the value to have increased from £146,000 to £171,125 over the three years and ten months to June 2025, the following assumptions must hold true:

• The value of 18 HORSECROFT CLOSE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The April 2021 sale price of £146,000 represented a fair market value for the property.
• The size, condition, and specification of 18 HORSECROFT CLOSE has not materially changed since April 2021.

How Large is 18 HORSECROFT CLOSE?

18 HORSECROFT CLOSE is 58m² according to the EPC inspection conducted in June 2019. 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 18 HORSECROFT CLOSE lies on this distribution: 6% of semi-detached houses houses are smaller than 18 HORSECROFT CLOSE, and 93% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

18 HORSECROFT CLOSE: Plot and Title Map

18 HORSECROFT CLOSE sits on a plot of roughly 0.043 of an acre, or 175m². The below map shows the location of 18 HORSECROFT 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 18 HORSECROFT 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 18 HORSECROFT CLOSE?

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