8, THE TRIANGLE, ILKESTON, DE7 4AP - £140,000

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 THE TRIANGLE is a small terraced house of 76m², built sometime between 1900 and 1929, which could now be worth an estimated £141,983. It was last sold for £140,000 in October 2022, which was around 13% below the average October 2022 terraced price in the Erewash local authority area. The most recent EPC inspection was September 2012, where the current energy rating was D, and the potential energy rating was B.

8 THE TRIANGLE Sold Prices

Land registry data shows four sales for 8 THE TRIANGLE 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. Most of the four 8 THE TRIANGLE 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
2022 28 OCT	£140,000	£161,050	13% below HPI
2020 28 AUG	£106,000	£128,805	18% below HPI
2012 4 DEC	£74,500	£90,557	18% below HPI
1996 29 MAR	£30,000	£28,529	5% above HPI

8 THE TRIANGLE 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 8 THE TRIANGLE sales between March 1996 and October 2022 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 2020 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the October 2022 sale, where it rises to 13% below the HPI. The line then continues to track at 13% below the HPI.

What might 8 THE TRIANGLE be worth now?

8 THE TRIANGLE might now be worth an estimated £141,983.

This is based on house price inflation of 1.4%, between October 2022 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 1.4% inflationary increase is applied to the most recent sale price for 8 THE TRIANGLE of £140,000 on 28th October 2022. For the value to have increased from £140,000 to £141,983 over the three years and four months to June 2025, the following assumptions must hold true:

• The value of 8 THE TRIANGLE has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The October 2022 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 8 THE TRIANGLE has not materially changed since October 2022.

How Large is 8 THE TRIANGLE?

8 THE TRIANGLE is 76m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 30% 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 8 THE TRIANGLE lies on this distribution: 24% of terraced houses houses are smaller than 8 THE TRIANGLE, and 76% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

8 THE TRIANGLE: Plot and Title Map

8 THE TRIANGLE sits on a plot of roughly 0.023 of an acre, or 94m². The below map shows the location of 8 THE TRIANGLE, 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 THE TRIANGLE). 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 THE TRIANGLE?

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