187, DERBY ROAD, ILKESTON, DE7 5FF - £145,000

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.

187 DERBY ROAD is a very small detached house of 53m², built sometime between 1967 and 1975, which could now be worth an estimated £179,284. It was last sold for £145,000 in December 2020, which was around 46% below the average December 2020 detached price in the Erewash local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was C.

187 DERBY ROAD Sold Prices

Land registry data shows two sales for 187 DERBY ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 187 DERBY 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
2020 18 DEC	£145,000	£267,144	46% below HPI
2018 11 MAY	£160,000	£234,444	32% below HPI

187 DERBY ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 187 DERBY ROAD sales from May 2018 and December 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 May 2018 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the December 2020 sale, where it falls to 46% below the HPI. The line then continues to track at 46% below the HPI.

What might 187 DERBY ROAD be worth now?

187 DERBY ROAD might now be worth an estimated £179,284.

This is based on house price inflation of 23.6%, between December 2020 and May 2026, for 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 23.6% inflationary increase is applied to the most recent sale price for 187 DERBY ROAD of £145,000 on 18th December 2020. For the value to have increased from £145,000 to £179,284 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 187 DERBY ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2020 sale price of £145,000 represented a fair market value for the property.
• The size, condition, and specification of 187 DERBY ROAD has not materially changed since December 2020.

How Large is 187 DERBY ROAD?

187 DERBY ROAD is 53m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 10% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 187 DERBY ROAD lies on this distribution: 4% of detached houses houses are smaller than 187 DERBY ROAD, and 96% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

187 DERBY ROAD: Plot and Title Map

187 DERBY ROAD sits on a plot of roughly 1.5 acres, or 6,207m². The below map shows the location of 187 DERBY 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 187 DERBY 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 187 DERBY ROAD?

187 DERBY ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 187 on DERBY ROAD.