40, RAYNEHAM ROAD, ILKESTON, DE7 8RJ - £295,000

40 RAYNEHAM ROAD is a large detached house of 126m², built sometime between 1996 and 2002. It was last sold for £295,000 in June 2016, which was around 42% above the average June 2016 detached price in the Erewash local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was B.

40 RAYNEHAM ROAD Sold Prices

Land registry data shows two sales for 40 RAYNEHAM ROAD 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 40 RAYNEHAM 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
2016 13 JUN	£295,000	£207,240	42% above HPI
1998 16 DEC	£103,075	£69,486	48% above HPI

40 RAYNEHAM ROAD 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 40 RAYNEHAM ROAD sales from December 1998 and June 2016 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 1998 sale was for 48% above the HPI. So the extrapolation line tracks at 48% above the HPI over time, until the June 2016 sale, where it falls to 42% above the HPI. The line then continues to track at 42% above the HPI.

How Large is 40 RAYNEHAM ROAD?

40 RAYNEHAM ROAD is 126m² according to the EPC inspection conducted in February 2016. This puts it in the largest 30% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 40 RAYNEHAM ROAD lies on this distribution: 79% of detached houses are smaller than 40 RAYNEHAM ROAD, and 20% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

40 RAYNEHAM ROAD: Plot and Title Map

40 RAYNEHAM ROAD sits on a plot of roughly 0.095 of an acre, or 383m². The below map shows the location of 40 RAYNEHAM 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 40 RAYNEHAM 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 40 RAYNEHAM ROAD?

40 RAYNEHAM ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 40 on RAYNEHAM ROAD.