19, ELEY CLOSE, ILKESTON, DE7 9JU - £195,000

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.

19 ELEY CLOSE is a large extended detached house of 126m², built sometime between 1996 and 2002, which could now be worth an estimated £298,967. It was last sold for £195,000 in October 2015, which was around 8% below the average October 2015 detached price in the Erewash local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.

19 ELEY CLOSE Sold Prices

Land registry data shows six sales for 19 ELEY CLOSE since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Most of the six 19 ELEY 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
2015 2 OCT	£195,000	£211,123	8% below HPI
2006 1 JUN	£168,500	£181,866	7% below HPI
2004 4 JUN	£168,000	£169,815	1% below HPI
2003 4 APR	£130,000	£138,947	6% below HPI
1998 18 DEC	£67,950	£71,637	5% below HPI
1996 26 JUL	£74,950	£62,318	20% above HPI

19 ELEY 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 six 19 ELEY CLOSE sales between July 1996 and October 2015 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 June 2006 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the October 2015 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 19 ELEY CLOSE be worth now?

19 ELEY CLOSE might now be worth an estimated £298,967.

This is based on house price inflation of 53.3%, between October 2015 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 53.3% inflationary increase is applied to the most recent sale price for 19 ELEY CLOSE of £195,000 on 2nd October 2015. For the value to have increased from £195,000 to £298,967 over the eleven years and six months to April 2026, the following assumptions must hold true:

• The value of 19 ELEY CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The October 2015 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 19 ELEY CLOSE has not materially changed since October 2015.

How Large is 19 ELEY CLOSE?

19 ELEY CLOSE is 126m², which includes one extension, according to the EPC inspection conducted in May 2009. This puts it in the largest 30% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 19 ELEY CLOSE lies on this distribution: 80% of detached houses are smaller than 19 ELEY CLOSE, and 20% of detached houses are larger. Note that EPC data is not available for all properties in Ilkeston.

19 ELEY CLOSE: Plot

19 ELEY CLOSE sits on a plot of roughly 269.5 acres, or 1,090,572m².

Where is 19 ELEY CLOSE?

19 ELEY CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 19 on ELEY CLOSE.