24, ELEY CLOSE, ILKESTON, DE7 9JU - £86,500

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.

24 ELEY CLOSE is a detached house, which could now be worth an estimated £298,006. It was last sold for £86,500 in August 2001, which was around 8% below the average August 2001 detached price in the Erewash local authority area.

24 ELEY CLOSE Sold Prices

Land registry data shows two sales for 24 ELEY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 24 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
2001 29 AUG	£86,500	£93,954	8% below HPI
2001 12 APR	£81,950	£84,999	4% below HPI

What might 24 ELEY CLOSE be worth now?

24 ELEY CLOSE might now be worth an estimated £298,006.

This is based on house price inflation of 244.5%, between August 2001 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 244.5% inflationary increase is applied to the most recent sale price for 24 ELEY CLOSE of £86,500 on 29th August 2001. For the value to have increased from £86,500 to £298,006 over the 25 years and four months to April 2026, the following assumptions must hold true:

• The value of 24 ELEY CLOSE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2001 sale price of £86,500 represented a fair market value for the property.
• The size, condition, and specification of 24 ELEY CLOSE has not materially changed since August 2001.

Where is 24 ELEY CLOSE?

24 ELEY CLOSE is located in ILKESTON, in the DE7 postcode district.