59, FLAMSTEAD ROAD, ILKESTON, DE7 5LS - £112,000

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.

59 FLAMSTEAD ROAD is a very small semi-detached house of 73m², built sometime between 1930 and 1949, which could now be worth an estimated £154,343. It was last sold for £112,000 in March 2018, which was around 26% below the average March 2018 semi-detached price in the Erewash local authority area. The most recent EPC inspection was May 2016, where the current energy rating was D, and the potential energy rating was B.

59 FLAMSTEAD ROAD Sold Prices

Land registry data shows three sales for 59 FLAMSTEAD ROAD since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. All of the three 59 FLAMSTEAD ROAD 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
2018 29 MAR	£112,000	£152,220	26% below HPI
2007 6 JUL	£107,000	£123,483	13% below HPI
2006 14 JUL	£74,000	£118,431	38% below HPI

59 FLAMSTEAD ROAD 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 three 59 FLAMSTEAD ROAD sales between July 2006 and March 2018 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 July 2007 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the March 2018 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.

What might 59 FLAMSTEAD ROAD be worth now?

59 FLAMSTEAD ROAD might now be worth an estimated £154,343.

This is based on house price inflation of 37.8%, between March 2018 and March 2025, 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 37.8% inflationary increase is applied to the most recent sale price for 59 FLAMSTEAD ROAD of £112,000 on 29th March 2018. For the value to have increased from £112,000 to £154,343 over the seven years to March 2025, the following assumptions must hold true:

• The value of 59 FLAMSTEAD ROAD has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The March 2018 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 59 FLAMSTEAD ROAD has not materially changed since March 2018.

How Large is 59 FLAMSTEAD ROAD?

59 FLAMSTEAD ROAD is 73m² according to the EPC inspection conducted in May 2016. This puts it in the smallest 20% of semi-detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Ilkeston, and where 59 FLAMSTEAD ROAD lies on this distribution: 19% of semi-detached houses houses are smaller than 59 FLAMSTEAD ROAD, and 80% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

59 FLAMSTEAD ROAD: Plot and Title Map

59 FLAMSTEAD ROAD sits on a plot of roughly 181.2 acres, or 733,338m². The below map shows the location of 59 FLAMSTEAD 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 59 FLAMSTEAD 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 59 FLAMSTEAD ROAD?

59 FLAMSTEAD ROAD is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 59 on FLAMSTEAD ROAD.