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

4 CAVERSHAM WAY is a large extended detached house of 127m², built sometime between 1967 and 1975. It was last sold for £295,000 in September 2019, which was around 25% 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	£236,153	25% above HPI
2002 23 AUG	£125,000	£113,301	10% above HPI
1999 30 JUN	£81,500	£70,177	16% above HPI
1995 18 SEP	£83,000	£60,692	37% 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the September 2019 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

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 in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 4 CAVERSHAM WAY lies on this distribution: 74% of detached 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.