21, HORSECROFT CLOSE, ILKESTON, DE7 9LD - £160,000

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.

21 HORSECROFT CLOSE is a very small terraced house of 59m², built sometime between 1996 and 2002, which could now be worth an estimated £171,053. It was last sold for £160,000 in July 2024, which was around 1% below the average July 2024 terraced price in the Erewash local authority area. The most recent EPC inspection was April 2024, where the current energy rating was D, and the potential energy rating was B.

21 HORSECROFT CLOSE Sold Prices

Land registry data shows two sales for 21 HORSECROFT CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Erewash local authority area for the corresponding sale date. One of the two 21 HORSECROFT CLOSE sales was for below the average price, whilst the other was for above 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
2024 16 JUL	£160,000	£160,992	1% below HPI
1997 27 MAR	£48,450	£29,744	63% above HPI

21 HORSECROFT 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 21 HORSECROFT CLOSE sales from March 1997 and July 2024 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 March 1997 sale was for 63% above the HPI. So the extrapolation line tracks at 63% above the HPI over time, until the July 2024 sale, where it falls to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 21 HORSECROFT CLOSE be worth now?

21 HORSECROFT CLOSE might now be worth an estimated £171,053.

This is based on house price inflation of 6.9%, between July 2024 and May 2026, 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 6.9% inflationary increase is applied to the most recent sale price for 21 HORSECROFT CLOSE of £160,000 on 16th July 2024. For the value to have increased from £160,000 to £171,053 over the two years and two months to May 2026, the following assumptions must hold true:

• The value of 21 HORSECROFT CLOSE has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The July 2024 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 21 HORSECROFT CLOSE has not materially changed since July 2024.

How Large is 21 HORSECROFT CLOSE?

21 HORSECROFT CLOSE is 59m² according to the EPC inspection conducted in April 2024. This puts it in the smallest 20% of terraced houses in Ilkeston, based on EPC data. The below chart shows the distribution of terraced houses by size in Ilkeston, and where 21 HORSECROFT CLOSE lies on this distribution: 10% of terraced houses are smaller than 21 HORSECROFT CLOSE, and 89% of terraced houses are larger. Note that EPC data is not available for all properties in Ilkeston.

21 HORSECROFT CLOSE: Plot

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

Where is 21 HORSECROFT CLOSE?

21 HORSECROFT CLOSE is located in ILKESTON, in the DE7 postcode district. The below map shows the position of No. 21 on HORSECROFT CLOSE.