14, BRAEFIELD CLOSE, ILKESTON, DE7 4JS - £137,000

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.

14 BRAEFIELD CLOSE is a detached house, which could now be worth an estimated £245,733. It was last sold for £137,000 in October 2008, which was around 24% below the average October 2008 detached price in the Erewash local authority area.

14 BRAEFIELD CLOSE Sold Prices

Land registry data shows four sales for 14 BRAEFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. All of the four 14 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
2008 24 OCT	£137,000	£180,460	24% below HPI
2005 1 SEP	£115,000	£179,664	36% below HPI
1998 13 MAR	£51,500	£66,832	23% below HPI
1997 14 MAR	£50,950	£64,706	21% below HPI

What might 14 BRAEFIELD CLOSE be worth now?

14 BRAEFIELD CLOSE might now be worth an estimated £245,733.

This is based on house price inflation of 79.4%, between October 2008 and April 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 79.4% inflationary increase is applied to the most recent sale price for 14 BRAEFIELD CLOSE of £137,000 on 24th October 2008. For the value to have increased from £137,000 to £245,733 over the eighteen years and six months to April 2026, the following assumptions must hold true:

• The value of 14 BRAEFIELD CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2008 sale price of £137,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BRAEFIELD CLOSE has not materially changed since October 2008.

Where is 14 BRAEFIELD CLOSE?

14 BRAEFIELD CLOSE is located in ILKESTON, in the DE7 postcode district.