ROWAN TREE, THE VALE, ILKESTON, DE7 8PG - £200,000

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.

ROWAN TREE is a detached house, which could now be worth an estimated £336,892. It was last sold for £200,000 in August 2014, which was around 2% above the average August 2014 detached price in the Erewash local authority area.

ROWAN TREE Sold Prices

Land registry data shows two sales for ROWAN TREE 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 ROWAN TREE sales were 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
2014 29 AUG	£200,000	£196,091	2% above HPI
2003 30 OCT	£197,000	£155,264	27% above HPI

What might ROWAN TREE be worth now?

ROWAN TREE might now be worth an estimated £336,892.

This is based on house price inflation of 68.4%, between August 2014 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 68.4% inflationary increase is applied to the most recent sale price for ROWAN TREE of £200,000 on 29th August 2014. For the value to have increased from £200,000 to £336,892 over the twelve years and three months to May 2026, the following assumptions must hold true:

• The value of ROWAN TREE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The August 2014 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of ROWAN TREE has not materially changed since August 2014.

Where is ROWAN TREE?

ROWAN TREE is located on THE VALE in ILKESTON, in the DE7 postcode district.