31, PRIORY CLOSE, ILKESTON, DE7 4JF - £71,600

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.

31 PRIORY CLOSE is a large flat of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £77,924. It was last sold for £71,600 in April 2021, which was around 26% below the average April 2021 flat price in the Erewash local authority area. The most recent EPC inspection was April 2017, where the current energy rating was C, and the potential energy rating was C.

31 PRIORY CLOSE Sold Prices

Land registry data shows two sales for 31 PRIORY CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Erewash local authority area for the corresponding sale date. Both of the two 31 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
2021 1 APR	£71,600	£97,386	26% below HPI
2017 27 JAN	£50,000	£80,063	38% below HPI

What might 31 PRIORY CLOSE be worth now?

31 PRIORY CLOSE might now be worth an estimated £77,924.

This is based on house price inflation of 8.8%, between April 2021 and May 2026, for flats, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.8% inflationary increase is applied to the most recent sale price for 31 PRIORY CLOSE of £71,600 on 1st April 2021. For the value to have increased from £71,600 to £77,924 over the four years and eleven months to May 2026, the following assumptions must hold true:

• The value of 31 PRIORY CLOSE has moved in line with the HPI for flats in the Erewash local authority area.
• The April 2021 sale price of £71,600 represented a fair market value for the property.
• The size, condition, and specification of 31 PRIORY CLOSE has not materially changed since April 2021.

How Large is 31 PRIORY CLOSE?

31 PRIORY CLOSE is 56m² according to the EPC inspection conducted in April 2017. This puts it in the largest 30% of flats in Ilkeston, based on EPC data. 66% of flats are smaller than 31 PRIORY CLOSE, and 25% of flats are larger. Note that EPC data is not available for all properties in Ilkeston.

31 PRIORY CLOSE: Plot

31 PRIORY CLOSE sits on a plot of roughly 1.2 acres, or 4,752m².

Where is 31 PRIORY CLOSE?

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