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

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.

4 CAVERSHAM WAY is a large extended detached house of 127m², built sometime between 1967 and 1975, which could now be worth an estimated £382,009. It was last sold for £295,000 in September 2019, which was around 21% above the average September 2019 detached price in the Erewash local authority area. The most recent EPC inspection was May 2019, where the current energy rating was C, and the potential energy rating was B.

4 CAVERSHAM WAY Sold Prices

Land registry data shows four sales for 4 CAVERSHAM WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 4 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
2019 12 SEP	£295,000	£243,465	21% above HPI
2002 23 AUG	£125,000	£116,809	7% above HPI
1999 30 JUN	£81,500	£72,350	13% above HPI
1995 18 SEP	£83,000	£62,571	33% above HPI

4 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 four 4 CAVERSHAM WAY sales between September 1995 and September 2019 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 2002 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the September 2019 sale, where it rises to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 4 CAVERSHAM WAY be worth now?

4 CAVERSHAM WAY might now be worth an estimated £382,009.

This is based on house price inflation of 29.5%, between September 2019 and June 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 29.5% inflationary increase is applied to the most recent sale price for 4 CAVERSHAM WAY of £295,000 on 12th September 2019. For the value to have increased from £295,000 to £382,009 over the six years and three months to June 2025, the following assumptions must hold true:

• The value of 4 CAVERSHAM WAY has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2019 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CAVERSHAM WAY has not materially changed since September 2019.

How Large is 4 CAVERSHAM WAY?

4 CAVERSHAM WAY is 127m², which includes two extensions, according to the EPC inspection conducted in May 2019. This puts it in the largest 30% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 4 CAVERSHAM WAY lies on this distribution: 74% of detached houses houses are smaller than 4 CAVERSHAM WAY, and 26% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

4 CAVERSHAM WAY: Plot and Title Map

4 CAVERSHAM WAY sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 4 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 4 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 4 CAVERSHAM WAY?

4 CAVERSHAM WAY is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 4 on CAVERSHAM WAY.