4, JEFFRIES CLOSE, ILKESTON, DE7 8TW - £360,000

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 JEFFRIES CLOSE is a midsized detached house of 92m², built sometime between 2007 and 2011, which could now be worth an estimated £387,521. It was last sold for £360,000 in December 2021, which was around 21% above the average December 2021 detached price in the Erewash local authority area. The most recent EPC inspection was June 2021, where the current energy rating was C, and the potential energy rating was B.

4 JEFFRIES CLOSE Sold Prices

Land registry data shows two sales for 4 JEFFRIES CLOSE 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 4 JEFFRIES CLOSE 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
2021 8 DEC	£360,000	£296,348	21% above HPI
2014 11 DEC	£285,000	£198,085	44% above HPI

4 JEFFRIES CLOSE 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 4 JEFFRIES CLOSE sales from December 2014 and December 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 December 2014 sale was for 44% above the HPI. So the extrapolation line tracks at 44% above the HPI over time, until the December 2021 sale, where it falls to 21% above the HPI. The line then continues to track at 21% above the HPI.

What might 4 JEFFRIES CLOSE be worth now?

4 JEFFRIES CLOSE might now be worth an estimated £387,521.

This is based on house price inflation of 7.6%, between December 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 7.6% inflationary increase is applied to the most recent sale price for 4 JEFFRIES CLOSE of £360,000 on 8th December 2021. For the value to have increased from £360,000 to £387,521 over the four years and ten months to February 2025, the following assumptions must hold true:

• The value of 4 JEFFRIES CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The December 2021 sale price of £360,000 represented a fair market value for the property.
• The size, condition, and specification of 4 JEFFRIES CLOSE has not materially changed since December 2021.

How Large is 4 JEFFRIES CLOSE?

4 JEFFRIES CLOSE is 92m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 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 JEFFRIES CLOSE lies on this distribution: 42% of detached houses houses are smaller than 4 JEFFRIES CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

4 JEFFRIES CLOSE: Plot and Title Map

4 JEFFRIES CLOSE sits on a plot of roughly 0.104 of an acre, or 420m². The below map shows the location of 4 JEFFRIES CLOSE, 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 JEFFRIES CLOSE). 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 JEFFRIES CLOSE?

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