51, THE CRESCENT, STANLEY COMMON, ILKESTON, DE7 6GL - £250,000

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.

51 THE CRESCENT is a very small semi-detached house of 83m², built sometime between 1950 and 1966, which could now be worth an estimated £272,382. It was last sold for £250,000 in June 2022, which was around 23% above the average June 2022 semi-detached price in the Erewash local authority area. The most recent EPC inspection was January 2022, where the current energy rating was C, and the potential energy rating was B.

51 THE CRESCENT Sold Prices

Land registry data shows two sales for 51 THE CRESCENT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. One of the two 51 THE CRESCENT sales was for above the average price, whilst the other was 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
2022 6 JUN	£250,000	£202,622	23% above HPI
2019 11 OCT	£125,000	£158,099	21% below HPI

51 THE CRESCENT Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Erewash local authority area over time, sourced from the HPI. The two 51 THE CRESCENT sales from October 2019 and June 2022 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 October 2019 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the June 2022 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 51 THE CRESCENT be worth now?

51 THE CRESCENT might now be worth an estimated £272,382.

This is based on house price inflation of 9%, between June 2022 and May 2026, for semi-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 9% inflationary increase is applied to the most recent sale price for 51 THE CRESCENT of £250,000 on 6th June 2022. For the value to have increased from £250,000 to £272,382 over the four years and one month to May 2026, the following assumptions must hold true:

• The value of 51 THE CRESCENT has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The June 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 51 THE CRESCENT has not materially changed since June 2022.

How Large is 51 THE CRESCENT?

51 THE CRESCENT is 83m² according to the EPC inspection conducted in January 2022. This puts it in the smallest 20% of semi-detached houses houses in Stanley Common, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Stanley Common, and where 51 THE CRESCENT lies on this distribution: 19% of semi-detached houses houses are smaller than 51 THE CRESCENT, and 79% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

51 THE CRESCENT: Plot and Title Map

51 THE CRESCENT sits on a plot of roughly 0.083 of an acre, or 335m². The below map shows the location of 51 THE CRESCENT, 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 51 THE CRESCENT). 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 51 THE CRESCENT?

51 THE CRESCENT is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 51 on THE CRESCENT.