31, BRIDGE STREET, ILKESTON, DE7 8RD - £128,000

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.

31 BRIDGE STREET is a very small detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £147,363. It was last sold for £128,000 in July 2021, which was around 54% below the average July 2021 detached price in the Erewash local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

31 BRIDGE STREET Sold Prices

Land registry data shows two sales for 31 BRIDGE STREET 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 31 BRIDGE STREET 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
2021 22 JUL	£128,000	£277,087	54% below HPI
2011 24 OCT	£70,000	£176,122	60% below HPI

31 BRIDGE STREET 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 31 BRIDGE STREET sales from October 2011 and July 2021 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 October 2011 sale was for 60% below the HPI. So the extrapolation line tracks at 60% below the HPI over time, until the July 2021 sale, where it rises to 54% below the HPI. The line then continues to track at 54% below the HPI.

What might 31 BRIDGE STREET be worth now?

31 BRIDGE STREET might now be worth an estimated £147,363.

This is based on house price inflation of 15.1%, between July 2021 and February 2025, 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 15.1% inflationary increase is applied to the most recent sale price for 31 BRIDGE STREET of £128,000 on 22nd July 2021. For the value to have increased from £128,000 to £147,363 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 31 BRIDGE STREET has moved in line with the HPI for detached houses in the Erewash local authority area.
• The July 2021 sale price of £128,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BRIDGE STREET has not materially changed since July 2021.

How Large is 31 BRIDGE STREET?

31 BRIDGE STREET is 73m² according to the EPC inspection conducted in August 2011. This puts it in the smallest 20% 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 31 BRIDGE STREET lies on this distribution: 19% of detached houses houses are smaller than 31 BRIDGE STREET, and 80% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

31 BRIDGE STREET: Plot and Title Map

31 BRIDGE STREET sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 31 BRIDGE STREET, 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 31 BRIDGE STREET). 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 31 BRIDGE STREET?

31 BRIDGE STREET is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 31 on BRIDGE STREET.