4, FARRIERS CROFT, ILKESTON, DE7 9LT - £285,000

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 FARRIERS CROFT is a midsized extended detached house of 104m², built sometime between 1991 and 1995, which could now be worth an estimated £276,924. It was last sold for £285,000 in July 2023, which was around 12% below the average July 2023 detached price in the Erewash local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

4 FARRIERS CROFT Sold Prices

Land registry data shows three sales for 4 FARRIERS CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Two of the three 4 FARRIERS CROFT 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
2023 24 JUL	£285,000	£324,468	12% below HPI
2002 28 JUN	£119,950	£109,189	10% above HPI
1997 27 NOV	£64,750	£69,656	7% below HPI

4 FARRIERS CROFT 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 three 4 FARRIERS CROFT sales between November 1997 and July 2023 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 June 2002 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the July 2023 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 4 FARRIERS CROFT be worth now?

4 FARRIERS CROFT might now be worth an estimated £276,924.

This is based on house price deflation of 2.8%, between July 2023 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 2.8% deflationary decrease is applied to the most recent sale price for 4 FARRIERS CROFT of £285,000 on 24th July 2023. For the value to have decreased from £285,000 to £276,924 over the two years and one month to June 2025, the following assumptions must hold true:

• The value of 4 FARRIERS CROFT has moved in line with the HPI for detached houses in the Erewash local authority area.
• The July 2023 sale price of £285,000 represented a fair market value for the property.
• The size, condition, and specification of 4 FARRIERS CROFT has not materially changed since July 2023.

How Large is 4 FARRIERS CROFT?

4 FARRIERS CROFT is 104m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 50% 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 4 FARRIERS CROFT lies on this distribution: 58% of detached houses houses are smaller than 4 FARRIERS CROFT, and 41% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

4 FARRIERS CROFT: Plot and Title Map

4 FARRIERS CROFT sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 4 FARRIERS CROFT, 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 FARRIERS CROFT). 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 FARRIERS CROFT?

4 FARRIERS CROFT is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 4 on FARRIERS CROFT.