8, ECKINGTON CLOSE, WEST HALLAM, ILKESTON, DE7 6NE - £275,000

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 ECKINGTON CLOSE is a very small detached house of 70m², built sometime between 1976 and 1982, which could now be worth an estimated £411,893. It was last sold for £275,000 in March 2017, which was around 25% above the average March 2017 detached price in the Erewash local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

8 ECKINGTON CLOSE Sold Prices

Land registry data shows three sales for 8 ECKINGTON CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. The three 8 ECKINGTON CLOSE sales were a mix of above the average price, roughly equal to the average price, and 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
2017 31 MAR	£275,000	£220,529	25% above HPI
2014 13 AUG	£187,500	£196,091	4% below HPI
2009 1 APR	£169,000	£169,413	Close to HPI

8 ECKINGTON 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 three 8 ECKINGTON CLOSE sales between April 2009 and March 2017 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 August 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the March 2017 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might 8 ECKINGTON CLOSE be worth now?

8 ECKINGTON CLOSE might now be worth an estimated £411,893.

This is based on house price inflation of 49.8%, between March 2017 and May 2026, 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 49.8% inflationary increase is applied to the most recent sale price for 8 ECKINGTON CLOSE of £275,000 on 31st March 2017. For the value to have increased from £275,000 to £411,893 over the eight years and ten months to May 2026, the following assumptions must hold true:

• The value of 8 ECKINGTON CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2017 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 8 ECKINGTON CLOSE has not materially changed since March 2017.

How Large is 8 ECKINGTON CLOSE?

8 ECKINGTON CLOSE is 70m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% of detached houses houses in West Hallam, based on EPC data. The below chart shows the distribution of detached houses houses by size in West Hallam, and where 8 ECKINGTON CLOSE lies on this distribution: 16% of detached houses houses are smaller than 8 ECKINGTON CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in West Hallam.

8 ECKINGTON CLOSE: Plot and Title Map

8 ECKINGTON CLOSE sits on a plot of roughly 0.136 of an acre, or 550m². The below map shows the location of 8 ECKINGTON 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 ECKINGTON 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 ECKINGTON CLOSE?

8 ECKINGTON CLOSE is located in WEST HALLAM, in the DE7 postcode district. The below map shows the position of No. 8 on ECKINGTON CLOSE.