24, CAVERSHAM WAY, WEST HALLAM, ILKESTON, DE7 6LN - £295,000

24 CAVERSHAM WAY is a very large extended detached house of 148m², built sometime between 1983 and 1990. It was last sold for £295,000 in January 2020, which was around 24% above the average January 2020 detached price in the Erewash local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

24 CAVERSHAM WAY Sold Prices

Land registry data shows two sales for 24 CAVERSHAM WAY 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 24 CAVERSHAM WAY 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
2020 10 JAN	£295,000	£238,436	24% above HPI
1997 27 FEB	£83,000	£63,206	31% above HPI

24 CAVERSHAM WAY 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 24 CAVERSHAM WAY sales from February 1997 and January 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 February 1997 sale was for 31% above the HPI. So the extrapolation line tracks at 31% above the HPI over time, until the January 2020 sale, where it falls to 24% above the HPI. The line then continues to track at 24% above the HPI.

How Large is 24 CAVERSHAM WAY?

24 CAVERSHAM WAY is 148m², which includes one extension, according to the EPC inspection conducted in November 2015. This puts it in the largest 20% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 24 CAVERSHAM WAY lies on this distribution: 86% of detached houses are smaller than 24 CAVERSHAM WAY, and 14% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

24 CAVERSHAM WAY: Plot and Title Map

24 CAVERSHAM WAY sits on a plot of roughly 0.073 of an acre, or 296m². The below map shows the location of 24 CAVERSHAM WAY, 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 24 CAVERSHAM WAY). 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 24 CAVERSHAM WAY?

24 CAVERSHAM WAY is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 24 on CAVERSHAM WAY.