7, HAYS CLOSE, ILKESTON, DE7 9JT - £200,000

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.

7 HAYS CLOSE is a midsized extended terraced house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £227,121. It was last sold for £200,000 in August 2021, which was around 39% above the average August 2021 terraced price in the Erewash local authority area. The most recent EPC inspection was December 2015, where the current energy rating was D, and the potential energy rating was B.

7 HAYS CLOSE Sold Prices

Land registry data shows four sales for 7 HAYS CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. All of the four 7 HAYS CLOSE sales were for above 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 13 AUG	£200,000	£143,827	39% above HPI
2016 8 APR	£156,000	£106,543	46% above HPI
2004 28 JUN	£124,000	£83,158	49% above HPI
1996 8 NOV	£60,250	£29,325	105% above HPI

7 HAYS CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Erewash local authority area over time, sourced from the HPI. The four 7 HAYS CLOSE sales between November 1996 and August 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 April 2016 sale was for 46% above the HPI. So the extrapolation line tracks at 46% above the HPI over time, until the August 2021 sale, where it falls to 39% above the HPI. The line then continues to track at 39% above the HPI.

What might 7 HAYS CLOSE be worth now?

7 HAYS CLOSE might now be worth an estimated £227,121.

This is based on house price inflation of 13.6%, between August 2021 and June 2025, for terraced 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 13.6% inflationary increase is applied to the most recent sale price for 7 HAYS CLOSE of £200,000 on 13th August 2021. For the value to have increased from £200,000 to £227,121 over the four years and two months to June 2025, the following assumptions must hold true:

• The value of 7 HAYS CLOSE has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The August 2021 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 7 HAYS CLOSE has not materially changed since August 2021.

How Large is 7 HAYS CLOSE?

7 HAYS CLOSE is 92m², which includes one extension, according to the EPC inspection conducted in December 2015. This puts it in the smallest 50% of terraced houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Ilkeston, and where 7 HAYS CLOSE lies on this distribution: 42% of terraced houses houses are smaller than 7 HAYS CLOSE, and 55% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

7 HAYS CLOSE: Plot and Title Map

7 HAYS CLOSE sits on a plot of roughly 0.056 of an acre, or 225m². The below map shows the location of 7 HAYS 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 7 HAYS 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 7 HAYS CLOSE?

7 HAYS CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 7 on HAYS CLOSE.