319, NOTTINGHAM ROAD, ILKESTON, DE7 5BB - £114,950

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.

319 NOTTINGHAM ROAD is a very small extended terraced house of 66m², built sometime between 1983 and 1990, which could now be worth an estimated £148,183. It was last sold for £114,950 in December 2020, which was around 14% below the average December 2020 terraced price in the Erewash local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

319 NOTTINGHAM ROAD Sold Prices

Land registry data shows three sales for 319 NOTTINGHAM ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. Two of the three 319 NOTTINGHAM ROAD sales were for below the average price, whilst one was 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 11 DEC	£114,950	£133,514	14% below HPI
2003 21 FEB	£59,950	£58,846	2% above HPI
2001 8 JUN	£33,500	£39,777	16% below HPI

319 NOTTINGHAM ROAD 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 three 319 NOTTINGHAM ROAD sales between June 2001 and December 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 2003 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the December 2020 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 319 NOTTINGHAM ROAD be worth now?

319 NOTTINGHAM ROAD might now be worth an estimated £148,183.

This is based on house price inflation of 28.9%, between December 2020 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 28.9% inflationary increase is applied to the most recent sale price for 319 NOTTINGHAM ROAD of £114,950 on 11th December 2020. For the value to have increased from £114,950 to £148,183 over the six years and seven months to May 2026, the following assumptions must hold true:

• The value of 319 NOTTINGHAM ROAD has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The December 2020 sale price of £114,950 represented a fair market value for the property.
• The size, condition, and specification of 319 NOTTINGHAM ROAD has not materially changed since December 2020.

How Large is 319 NOTTINGHAM ROAD?

319 NOTTINGHAM ROAD is 66m², which includes one extension, according to the EPC inspection conducted in February 2020. This puts it in the smallest 20% 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 319 NOTTINGHAM ROAD lies on this distribution: 12% of terraced houses houses are smaller than 319 NOTTINGHAM ROAD, and 87% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

319 NOTTINGHAM ROAD: Plot and Title Map

319 NOTTINGHAM ROAD sits on a plot of roughly 7.4 acres, or 29,771m². The below map shows the location of 319 NOTTINGHAM ROAD, 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 319 NOTTINGHAM ROAD). 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 319 NOTTINGHAM ROAD?

319 NOTTINGHAM ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 319 on NOTTINGHAM ROAD.