41, HENLEY WAY, WEST HALLAM, ILKESTON, DE7 6LU - £240,000

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.

41 HENLEY WAY is a small detached house of 74m², built sometime between 1983 and 1990, which could now be worth an estimated £275,021. It was last sold for £240,000 in September 2021, which was around 14% below the average September 2021 detached price in the Erewash local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was D.

41 HENLEY WAY Sold Prices

Land registry data shows three sales for 41 HENLEY WAY 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. All of the three 41 HENLEY WAY sales were for below 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 27 SEP	£240,000	£278,381	14% below HPI
2013 16 MAY	£152,000	£174,430	13% below HPI
1997 28 FEB	£59,000	£65,163	9% below HPI

41 HENLEY 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 three 41 HENLEY WAY sales between February 1997 and September 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 May 2013 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2021 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 41 HENLEY WAY be worth now?

41 HENLEY WAY might now be worth an estimated £275,021.

This is based on house price inflation of 14.6%, between September 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 14.6% inflationary increase is applied to the most recent sale price for 41 HENLEY WAY of £240,000 on 27th September 2021. For the value to have increased from £240,000 to £275,021 over the four years and seven months to February 2025, the following assumptions must hold true:

• The value of 41 HENLEY WAY has moved in line with the HPI for detached houses in the Erewash local authority area.
• The September 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 41 HENLEY WAY has not materially changed since September 2021.

How Large is 41 HENLEY WAY?

41 HENLEY WAY is 74m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 30% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 41 HENLEY WAY lies on this distribution: 23% of detached houses houses are smaller than 41 HENLEY WAY, and 77% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

41 HENLEY WAY: Plot and Title Map

41 HENLEY WAY sits on a plot of roughly 0.061 of an acre, or 247m². The below map shows the location of 41 HENLEY 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 41 HENLEY 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 41 HENLEY WAY?

41 HENLEY WAY is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 41 on HENLEY WAY.