24, GRESLEY ROAD, ILKESTON, DE7 5LX - £162,000

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.

24 GRESLEY ROAD is a small detached house of 89m², built sometime between 1950 and 1966, which could now be worth an estimated £248,947. It was last sold for £162,000 in July 2016, which was around 25% below the average July 2016 detached price in the Erewash local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

24 GRESLEY ROAD Sold Prices

Land registry data shows one sale for 24 GRESLEY ROAD since 1^st January 1995. The below table shows the price paid for the one sale, along with the average detached price in the Erewash local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2016 15 JUL	£162,000	£214,944	25% below HPI

What might 24 GRESLEY ROAD be worth now?

24 GRESLEY ROAD might now be worth an estimated £248,947.

This is based on house price inflation of 53.7%, between July 2016 and May 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 53.7% inflationary increase is applied to the most recent sale price for 24 GRESLEY ROAD of £162,000 on 15th July 2016. For the value to have increased from £162,000 to £248,947 over the ten years and two months to May 2026, the following assumptions must hold true:

• The value of 24 GRESLEY ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The July 2016 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 24 GRESLEY ROAD has not materially changed since July 2016.

How Large is 24 GRESLEY ROAD?

24 GRESLEY ROAD is 89m² according to the EPC inspection conducted in October 2014. This puts it in the smallest 40% of detached houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses by size in Ilkeston, and where 24 GRESLEY ROAD lies on this distribution: 38% of detached houses are smaller than 24 GRESLEY ROAD, and 61% of detached houses are larger. Note that EPC data is not available for all properties in Ilkeston.

24 GRESLEY ROAD: Plot

24 GRESLEY ROAD sits on a plot of roughly 181.2 acres, or 733,338m².

Where is 24 GRESLEY ROAD?

24 GRESLEY ROAD is located in ILKESTON, in the DE7 postcode district.