20, RIDGEWAY DRIVE, ILKESTON, DE7 4JP - £170,000

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.

20 RIDGEWAY DRIVE is a small extended semi-detached house of 81m², built sometime between 1976 and 1982, which could now be worth an estimated £226,488. It was last sold for £170,000 in May 2019, which was around 8% above the average May 2019 semi-detached price in the Erewash local authority area. The most recent EPC inspection was June 2011, where the current energy rating was D, and the potential energy rating was C.

20 RIDGEWAY DRIVE Sold Prices

Land registry data shows five sales for 20 RIDGEWAY DRIVE 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 20 RIDGEWAY DRIVE sales were for above 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
2019 10 MAY	£170,000	£157,057	8% above HPI
2015 8 MAY	£126,000	£128,735	2% below HPI
2011 30 SEP	£128,000	£111,068	15% above HPI
1999 19 FEB	£45,950	£41,893	10% above HPI
1998 17 JUL	£47,000	£42,317	11% above HPI

20 RIDGEWAY DRIVE 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 20 RIDGEWAY DRIVE sales between July 1998 and May 2019 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 2015 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2019 sale, where it rises to 8% above the HPI. The line then continues to track at 8% above the HPI.

What might 20 RIDGEWAY DRIVE be worth now?

20 RIDGEWAY DRIVE might now be worth an estimated £226,488.

This is based on house price inflation of 33.2%, between May 2019 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 33.2% inflationary increase is applied to the most recent sale price for 20 RIDGEWAY DRIVE of £170,000 on 10th May 2019. For the value to have increased from £170,000 to £226,488 over the five years and eleven months to June 2025, the following assumptions must hold true:

• The value of 20 RIDGEWAY DRIVE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The May 2019 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 20 RIDGEWAY DRIVE has not materially changed since May 2019.

How Large is 20 RIDGEWAY DRIVE?

20 RIDGEWAY DRIVE is 81m², which includes one extension, according to the EPC inspection conducted in June 2011. This puts it in the smallest 30% 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 20 RIDGEWAY DRIVE lies on this distribution: 28% of semi-detached houses houses are smaller than 20 RIDGEWAY DRIVE, and 72% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

20 RIDGEWAY DRIVE: Plot and Title Map

20 RIDGEWAY DRIVE sits on a plot of roughly 0.077 of an acre, or 312m². The below map shows the location of 20 RIDGEWAY 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 20 RIDGEWAY 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 20 RIDGEWAY DRIVE?

20 RIDGEWAY DRIVE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 20 on RIDGEWAY DRIVE.