53, SPINNEY ROAD, ILKESTON, DE7 4LH - £255,000

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.

53 SPINNEY ROAD is a midsized extended detached house of 93m², built sometime between 1983 and 1990, which could now be worth an estimated £303,181. It was last sold for £255,000 in November 2020, which was around 4% below the average November 2020 detached price in the Erewash local authority area. The most recent EPC inspection was June 2020, where the current energy rating was D, and the potential energy rating was B.

53 SPINNEY ROAD Sold Prices

Land registry data shows two sales for 53 SPINNEY 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. One of the two 53 SPINNEY ROAD sales was for below the average price, whilst the other was roughly equal to 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 27 NOV	£255,000	£265,171	4% below HPI
1997 27 MAR	£65,000	£64,706	Close to HPI

53 SPINNEY 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 53 SPINNEY ROAD sales from March 1997 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 March 1997 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2020 sale, where it falls to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 53 SPINNEY ROAD be worth now?

53 SPINNEY ROAD might now be worth an estimated £303,181.

This is based on house price inflation of 18.9%, between November 2020 and June 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 18.9% inflationary increase is applied to the most recent sale price for 53 SPINNEY ROAD of £255,000 on 27th November 2020. For the value to have increased from £255,000 to £303,181 over the five years and five months to June 2025, the following assumptions must hold true:

• The value of 53 SPINNEY ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The November 2020 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 53 SPINNEY ROAD has not materially changed since November 2020.

How Large is 53 SPINNEY ROAD?

53 SPINNEY ROAD is 93m², which includes one extension, according to the EPC inspection conducted in June 2020. This puts it in the smallest 50% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where 53 SPINNEY ROAD lies on this distribution: 45% of detached houses houses are smaller than 53 SPINNEY ROAD, and 54% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

53 SPINNEY ROAD: Plot and Title Map

53 SPINNEY ROAD sits on a plot of roughly 0.078 of an acre, or 314m². The below map shows the location of 53 SPINNEY 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 53 SPINNEY 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 53 SPINNEY ROAD?

53 SPINNEY ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 53 on SPINNEY ROAD.