The Old Chapel, 7a Morley Lane

    THE OLD CHAPEL, 7A, MORLEY LANE, STANLEY, ILKESTON, DE7 6EZ

    This detached freehold property on Morley Lane last sold in December 2017 for £395,000. Based on price growth in the DE7 district since then, its estimated current value is £503,703 — placing it in the 79th percentile nationally and the 97th percentile within DE7. The property covers 215 m² (2,314 sq ft), giving an estimated value of £2,343 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,314 sq ft

    215 m²

    Last Sale Price

    £395,000

    Dec 2017

    Estimated Valuation

    £503,703

    Est. £/sq ft

    £218/sq ft

    £2,343/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms8
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area2,314 sq ft (215 m²)
    EPC dateJun 2017
    WallsSolid brick, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Dec 2017

    £395,000

    Key Metrics

    Estimated valuation£503,703
    Value per sq ft / m²£218/sq ft (£2,343/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    DE7 district percentile97th percentile
    National percentile79th percentile

    District Context — DE7

    DE7 covers Ilkeston and surrounding areas in Derbyshire, situated between Derby and Nottingham in the East Midlands. It is a diverse, accessible neighbourhood with a mixed residential and commercial character, offering good transport links and established community amenities.

    Average Property Price - DE7

    £220,036

    18

    National percentile

    Average Net Household Income - DE7

    £36,408

    40

    National percentile

    10-Year Annualised Price Growth - DE7

    3.9%

    64

    National percentile

    10-Year Annualised Rent Growth - DE

    4.2%

    63

    National percentile

    View full analysis for DE7

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