26, EREWASH SQUARE, ILKESTON, DE7 5SP - £77,000

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.

26 EREWASH SQUARE is a midsized terraced house of 91m², built sometime between 1950 and 1966, which could now be worth an estimated £139,479. It was last sold for £77,000 in February 2014, which was around 19% below the average February 2014 terraced price in the Erewash local authority area. The most recent EPC inspection was September 2016, where the current energy rating was D, and the potential energy rating was C.

26 EREWASH SQUARE Sold Prices

Land registry data shows two sales for 26 EREWASH SQUARE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. Both of the two 26 EREWASH SQUARE 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
2014 7 FEB	£77,000	£95,016	19% below HPI
2005 23 DEC	£85,000	£91,524	7% below HPI

26 EREWASH SQUARE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Erewash local authority area over time, sourced from the HPI. The two 26 EREWASH SQUARE sales from December 2005 and February 2014 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 December 2005 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the February 2014 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

What might 26 EREWASH SQUARE be worth now?

26 EREWASH SQUARE might now be worth an estimated £139,479.

This is based on house price inflation of 81.1%, between February 2014 and May 2026, for terraced 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 81.1% inflationary increase is applied to the most recent sale price for 26 EREWASH SQUARE of £77,000 on 7th February 2014. For the value to have increased from £77,000 to £139,479 over the eleven years and nine months to May 2026, the following assumptions must hold true:

• The value of 26 EREWASH SQUARE has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The February 2014 sale price of £77,000 represented a fair market value for the property.
• The size, condition, and specification of 26 EREWASH SQUARE has not materially changed since February 2014.

How Large is 26 EREWASH SQUARE?

26 EREWASH SQUARE is 91m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 50% of terraced houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ilkeston, and where 26 EREWASH SQUARE lies on this distribution: 41% of terraced houses houses are smaller than 26 EREWASH SQUARE, and 57% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

26 EREWASH SQUARE: Plot and Title Map

26 EREWASH SQUARE sits on a plot of roughly 0.044 of an acre, or 179m². The below map shows the location of 26 EREWASH SQUARE, 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 26 EREWASH SQUARE). 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 26 EREWASH SQUARE?

26 EREWASH SQUARE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 26 on EREWASH SQUARE.