2, Flake Lane
2, Flake Lane
Description & Estimates
Public records show 2, Flake Lane, Ilkeston to be a mid-century freehold house with 861 ft2 of internal area, sitting on a 316 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Flake Lane, Ilkeston has an estimated sale value of £307,367 and an estimated rental value of £1,158 per month, assuming reasonable condition and based on the information available.
Flake Lane, Stanton-By-Dale, Ilkeston, DE7 lies in the borough of Erewash, within the DE7 postal district.
Our Data Sources
2, Flake Lane, Ilkeston has a single entry in the Land Registry from May 2023 and a single entry in the EPC database dated September 2022.
We combine this information with that of neighbouring properties to estimate the property 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, Flake Lane, Ilkeston would be worth £322,735, with a potential rental value of £1,216 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £285,851, with a rental value of £1,077 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, Flake Lane, Ilkeston has decreased by £9,915 (3.2%) over the last year. During the same period, its estimated monthly rental value has grown by £22 (1.9%). The property's estimated gross yield is currently 4.5%.
Plot Size
2, Flake Lane, Ilkeston occupies a 316 m2 plot as recorded by HM Land Registry.
Of the 6 other houses in this postcode, 4 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
2, Flake Lane, Ilkeston has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Sep 2022.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
Sold Prices
2, Flake Lane, Ilkeston last changed hands on 11th May 2023, selling for £255,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 44.3% since May 2023.
- Sold May 2023£255,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.9 kilometres of 2, Flake Lane, Ilkeston across the last 2 years.
Most recently, 25, Dale Road, Ilkeston, DE7 4QF, a freehold house, sold at £295,000 on the 29th June 2023.
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, Flake Lane, Ilkeston as the 5th largest and the 5th most expensive of the 6 addresses on Flake Lane, Stanton-By-Dale, Ilkeston, DE7.
Against the DE7 postcode district average, it is £94k more expensive than the typical property.
More reading links
Schools Nearby
- 1.7kmCloudside Academy
- 1.9kmDallimore Primary & Nursery School
- 2.0kmLadycross Infant School
- 1.8kmFriesland School
- 3.0kmKirk Hallam Community Academy
- 3.1kmSaint John Houghton Catholic Voluntary Academy
More reading links
Public Transport Nearby
Ilkeston station is the nearest stop to 2, Flake Lane, Ilkeston at 4.7 kilometres away.
- 4.7kmIlkeston
- 6.1kmLong Eaton
- 6.4kmAttenborough
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
