5, RICHMOND CLOSE, WEST HALLAM, ILKESTON, DE7 6NA - £177,000

5 RICHMOND CLOSE is a small extended detached house of 82m², built sometime between 1976 and 1982. It was last sold for £177,000 in November 2020, which was around 31% below the average November 2020 detached price in the Erewash local authority area. The most recent EPC inspection was February 2019, where the current energy rating was D, and the potential energy rating was B.

5 RICHMOND CLOSE Sold Prices

Land registry data shows two sales for 5 RICHMOND 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 5 RICHMOND CLOSE 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
2020 30 NOV	£177,000	£257,207	31% below HPI
2020 27 NOV	£181,950	£257,207	29% below HPI

5 RICHMOND 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 5 RICHMOND CLOSE sales from November 2020 and November 2020 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 November 2020 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the November 2020 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 5 RICHMOND CLOSE?

5 RICHMOND CLOSE is 82m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the smallest 30% of detached houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses by size in West Hallam, and where 5 RICHMOND CLOSE lies on this distribution: 30% of detached houses are smaller than 5 RICHMOND CLOSE, and 69% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

5 RICHMOND CLOSE: Plot and Title Map

5 RICHMOND CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 5 RICHMOND 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 5 RICHMOND 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 5 RICHMOND CLOSE?

5 RICHMOND CLOSE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 5 on RICHMOND CLOSE.