23, LOCK CLOSE, ILKESTON, DE7 4HG - £119,500

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.

23 LOCK CLOSE is a small semi-detached house of 88m², built sometime between 1976 and 1982, which could now be worth an estimated £147,149. It was last sold for £119,500 in November 2020, which was around 30% below the average November 2020 semi-detached price in the Erewash local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

23 LOCK CLOSE Sold Prices

Land registry data shows two sales for 23 LOCK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. Both of the two 23 LOCK 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
2020 18 NOV	£119,500	£169,928	30% below HPI
2007 31 AUG	£97,000	£127,231	24% below HPI

23 LOCK 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 two 23 LOCK CLOSE sales from August 2007 and November 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 August 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the November 2020 sale, where it falls to 30% below the HPI. The line then continues to track at 30% below the HPI.

What might 23 LOCK CLOSE be worth now?

23 LOCK CLOSE might now be worth an estimated £147,149.

This is based on house price inflation of 23.1%, between November 2020 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 23.1% inflationary increase is applied to the most recent sale price for 23 LOCK CLOSE of £119,500 on 18th November 2020. For the value to have increased from £119,500 to £147,149 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 23 LOCK CLOSE has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The November 2020 sale price of £119,500 represented a fair market value for the property.
• The size, condition, and specification of 23 LOCK CLOSE has not materially changed since November 2020.

How Large is 23 LOCK CLOSE?

23 LOCK CLOSE is 88m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 40% 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 23 LOCK CLOSE lies on this distribution: 36% of semi-detached houses houses are smaller than 23 LOCK CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

23 LOCK CLOSE: Plot and Title Map

23 LOCK CLOSE sits on a plot of roughly 0.030 of an acre, or 120m². The below map shows the location of 23 LOCK 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 23 LOCK 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 23 LOCK CLOSE?

23 LOCK CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 23 on LOCK CLOSE.