4, WATSON ROAD, ILKESTON, DE7 9LA - £92,500

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 WATSON ROAD is a very small terraced house of 58m², built sometime between 1996 and 2002, which could now be worth an estimated £191,449. It was last sold for £92,500 in June 2004, which was around 11% above the average June 2004 terraced price in the Erewash local authority area. The most recent EPC inspection was July 2017, where the current energy rating was C, and the potential energy rating was B.

4 WATSON ROAD Sold Prices

Land registry data shows three sales for 4 WATSON 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. All of the three 4 WATSON ROAD 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
2004 28 JUN	£92,500	£83,158	11% above HPI
2002 28 MAR	£57,000	£42,587	34% above HPI
1997 7 JUL	£45,000	£30,637	47% above HPI

4 WATSON 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 4 WATSON ROAD sales between July 1997 and June 2004 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 March 2002 sale was for 34% above the HPI. So the extrapolation line tracks at 34% above the HPI over time, until the June 2004 sale, where it falls to 11% above the HPI. The line then continues to track at 11% above the HPI.

What might 4 WATSON ROAD be worth now?

4 WATSON ROAD might now be worth an estimated £191,449.

This is based on house price inflation of 107%, between June 2004 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 107% inflationary increase is applied to the most recent sale price for 4 WATSON ROAD of £92,500 on 28th June 2004. For the value to have increased from £92,500 to £191,449 over the 22 years and one month to May 2026, the following assumptions must hold true:

• The value of 4 WATSON ROAD has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The June 2004 sale price of £92,500 represented a fair market value for the property.
• The size, condition, and specification of 4 WATSON ROAD has not materially changed since June 2004.

How Large is 4 WATSON ROAD?

4 WATSON ROAD is 58m² according to the EPC inspection conducted in July 2017. This puts it in the smallest 10% 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 4 WATSON ROAD lies on this distribution: 6% of terraced houses houses are smaller than 4 WATSON ROAD, and 93% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

4 WATSON ROAD: Plot and Title Map

4 WATSON ROAD sits on a plot of roughly 0.040 of an acre, or 162m². The below map shows the location of 4 WATSON 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 4 WATSON 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 4 WATSON ROAD?

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