49, SUMMERFIELDS WAY, ILKESTON, DE7 9HE - £116,500

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.

49 SUMMERFIELDS WAY is a semi-detached house, which could now be worth an estimated £212,317. It was last sold for £116,500 in November 2006, which was around 4% below the average November 2006 semi-detached price in the Erewash local authority area.

49 SUMMERFIELDS WAY Sold Prices

Land registry data shows two sales for 49 SUMMERFIELDS WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Erewash local authority area for the corresponding sale date. One of the two 49 SUMMERFIELDS WAY 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
2006 14 NOV	£116,500	£121,134	4% below HPI
1997 21 NOV	£43,950	£41,427	6% above HPI

What might 49 SUMMERFIELDS WAY be worth now?

49 SUMMERFIELDS WAY might now be worth an estimated £212,317.

This is based on house price inflation of 82.2%, between November 2006 and May 2026, for semi-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 82.2% inflationary increase is applied to the most recent sale price for 49 SUMMERFIELDS WAY of £116,500 on 14th November 2006. For the value to have increased from £116,500 to £212,317 over the twenty years and six months to May 2026, the following assumptions must hold true:

• The value of 49 SUMMERFIELDS WAY has moved in line with the HPI for semi-detached houses in the Erewash local authority area.
• The November 2006 sale price of £116,500 represented a fair market value for the property.
• The size, condition, and specification of 49 SUMMERFIELDS WAY has not materially changed since November 2006.

Where is 49 SUMMERFIELDS WAY?

49 SUMMERFIELDS WAY is located in ILKESTON, in the DE7 postcode district.