2, Factory Lane
2, Factory Lane
Description & Estimates
The public record lists 2, Factory Lane, Ilkeston as a freehold house sitting on a 192 m2 plot.
Comparison with its neighbours suggests a period house with 830 ft2 of internal area and a garden.
In this area, houses of this size normally have 3 bedrooms.
2, Factory Lane, Ilkeston has an estimated sale value of £149,471 and an estimated rental value of £954 per month, assuming reasonable condition and based on the information available.
Factory Lane, Ilkeston, DE7 lies in the borough of Erewash, within the DE7 postal district.
Our Data Sources
2, Factory Lane, Ilkeston has 31 entries in the Land Registry , most recently in February 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate 2, Factory Lane, Ilkeston would be worth £156,944, with a potential rental value of £1,002 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £139,008, with a rental value of £887 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Factory Lane, Ilkeston has declined by £4,822 (3.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £18 (1.9%). The property's estimated gross yield is currently 7.7%.
Plot Size
2, Factory Lane, Ilkeston occupies a 192 m2 plot as recorded by HM Land Registry.
Of the 32 other houses in this postcode, 18 have recorded plot sizes, and this one ranks as the 7th largest.
Sold Prices
2, Factory Lane, Ilkeston last changed hands on 8th February 2007, selling for £70,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 99.7% since February 2007.
- Sold Feb 2007£70,000
- Sold May 1999£41,950
- Sold Sep 1995£26,500
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 500 metres of 2, Factory Lane, Ilkeston across the last 2 years.
Most recently, 29, Springfield Gardens, Ilkeston, DE7 8JA, a freehold house, sold at £140,000 on the 2nd April 2026.
Read more about house prices in DE7.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Factory Lane, Ilkeston as the 9th largest and the 8th most expensive of the 32 addresses on Factory Lane, Ilkeston, DE7.
Against the DE7 postcode district average, it is £63k less expensive than the typical property.
More reading links
Schools Nearby
- 300mCharlotte Nursery and Infant School
- 500mGranby Junior School
- 700mChaucer Junior School
- 900mOrmiston Ilkeston Enterprise Academy
- 1.9kmKirk Hallam Community Academy
- 2.2kmSaint John Houghton Catholic Voluntary Academy
More reading links
Public Transport Nearby
Ilkeston station is the nearest stop to 2, Factory Lane, Ilkeston at 1.0 kilometres away.
- 1.0kmIlkeston
- 4.5kmLangley Mill
- 7.9kmBulwell
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
