8, BRAEFIELD CLOSE, ILKESTON, DE7 4JS - £136,000

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.

8 BRAEFIELD CLOSE is a very small detached house of 55m², built sometime between 1976 and 1982, which could now be worth an estimated £245,018. It was last sold for £136,000 in February 2005, which was around 22% below the average February 2005 detached price in the Erewash local authority area. The most recent EPC inspection was July 2019, where the current energy rating was C, and the potential energy rating was B.

8 BRAEFIELD CLOSE Sold Prices

Land registry data shows two sales for 8 BRAEFIELD 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 8 BRAEFIELD 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
2005 14 FEB	£136,000	£174,423	22% below HPI
1998 15 OCT	£60,000	£70,327	15% below HPI

8 BRAEFIELD 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 8 BRAEFIELD CLOSE sales from October 1998 and February 2005 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 1998 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the February 2005 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

What might 8 BRAEFIELD CLOSE be worth now?

8 BRAEFIELD CLOSE might now be worth an estimated £245,018.

This is based on house price inflation of 80.2%, between February 2005 and March 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 80.2% inflationary increase is applied to the most recent sale price for 8 BRAEFIELD CLOSE of £136,000 on 14th February 2005. For the value to have increased from £136,000 to £245,018 over the nineteen years and eleven months to March 2025, the following assumptions must hold true:

• The value of 8 BRAEFIELD CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The February 2005 sale price of £136,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BRAEFIELD CLOSE has not materially changed since February 2005.

How Large is 8 BRAEFIELD CLOSE?

8 BRAEFIELD CLOSE is 55m² according to the EPC inspection conducted in July 2019. This puts it in the smallest 10% 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 8 BRAEFIELD CLOSE lies on this distribution: 4% of detached houses houses are smaller than 8 BRAEFIELD CLOSE, and 95% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

8 BRAEFIELD CLOSE: Plot and Title Map

8 BRAEFIELD CLOSE sits on a plot of roughly 0.086 of an acre, or 350m². The below map shows the location of 8 BRAEFIELD 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 8 BRAEFIELD 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 8 BRAEFIELD CLOSE?

8 BRAEFIELD CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 8 on BRAEFIELD CLOSE.