3, PRIORY CLOSE, ILKESTON, DE7 4JF - £47,500

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.

3 PRIORY CLOSE is a terraced house, which could now be worth an estimated £163,728. It was last sold for £47,500 in July 2002, which was around 5% below the average July 2002 terraced price in the Erewash local authority area.

3 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 3 PRIORY 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. Both of the two 3 PRIORY 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
2002 12 JUL	£47,500	£49,933	5% below HPI
2000 14 APR	£33,000	£34,974	6% below HPI

What might 3 PRIORY CLOSE be worth now?

3 PRIORY CLOSE might now be worth an estimated £163,728.

This is based on house price inflation of 244.7%, between July 2002 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 244.7% inflationary increase is applied to the most recent sale price for 3 PRIORY CLOSE of £47,500 on 12th July 2002. For the value to have increased from £47,500 to £163,728 over the 24 years and two months to May 2026, the following assumptions must hold true:

• The value of 3 PRIORY CLOSE has moved in line with the HPI for terraced houses in the Erewash local authority area.
• The July 2002 sale price of £47,500 represented a fair market value for the property.
• The size, condition, and specification of 3 PRIORY CLOSE has not materially changed since July 2002.

Where is 3 PRIORY CLOSE?

3 PRIORY CLOSE is located in ILKESTON, in the DE7 postcode district.