WAYSIDE, LONGFIELD LANE, ILKESTON, DE7 4DD - £353,000

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.

WAYSIDE is a very large extended detached house of 214m², built sometime between 1900 and 1929, which could now be worth an estimated £588,345. It was last sold for £353,000 in May 2014, which was around 87% above the average May 2014 detached price in the Erewash local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was C.

WAYSIDE Sold Prices

Land registry data shows two sales for WAYSIDE 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. One of the two WAYSIDE sales was for above the average price, whilst the other was 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
2014 23 MAY	£353,000	£188,541	87% above HPI
1998 30 NOV	£11,000	£70,683	84% below HPI

WAYSIDE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two WAYSIDE sales from November 1998 and May 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 1998 sale was for 84% below the HPI. So the extrapolation line tracks at 84% below the HPI over time, until the May 2014 sale, where it rises to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might WAYSIDE be worth now?

WAYSIDE might now be worth an estimated £588,345.

This is based on house price inflation of 66.7%, between May 2014 and March 2025, 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 66.7% inflationary increase is applied to the most recent sale price for WAYSIDE of £353,000 on 23rd May 2014. For the value to have increased from £353,000 to £588,345 over the eleven years and two months to March 2025, the following assumptions must hold true:

• The value of WAYSIDE has moved in line with the HPI for detached houses in the Erewash local authority area.
• The May 2014 sale price of £353,000 represented a fair market value for the property.
• The size, condition, and specification of WAYSIDE has not materially changed since May 2014.

How Large is WAYSIDE?

WAYSIDE is 214m², which includes one extension, according to the EPC inspection conducted in July 2013. This puts it in the largest 10% of detached houses houses in Ilkeston, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ilkeston, and where WAYSIDE lies on this distribution: 98% of detached houses houses are smaller than WAYSIDE, and 2% of houses are larger. Note that EPC data is not available for all properties in Ilkeston.

WAYSIDE: Plot and Title Map

WAYSIDE sits on a plot of roughly 89.4 acres, or 361,900m². The below map shows the location of WAYSIDE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of WAYSIDE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is WAYSIDE?

WAYSIDE is located on LONGFIELD LANE in ILKESTON, in the DE7 postcode district. The below map shows the position of WAYSIDE on LONGFIELD LANE.