1, CHESTNUT AVENUE, RIDDINGS, ALFRETON, DE55 4EE - £170,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

1 CHESTNUT AVENUE is a midsized detached house of 80m², built sometime between 1976 and 1982. It was last sold for £170,000 in January 2018, which was around 30% below the average January 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2015, where the current energy rating was C, and the potential energy rating was B.

1 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 1 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 1 CHESTNUT AVENUE sales were 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
2018 26 JAN	£170,000	£241,895	30% below HPI
2016 1 JUL	£140,000	£221,129	37% below HPI

1 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 1 CHESTNUT AVENUE sales from July 2016 and January 2018 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 July 2016 sale was for 37% below the HPI. So the extrapolation line tracks at 37% below the HPI over time, until the January 2018 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 1 CHESTNUT AVENUE?

1 CHESTNUT AVENUE is 80m² according to the EPC inspection conducted in November 2015. This puts it in the smallest 50% of detached houses in Riddings, based on EPC data. The below chart shows the distribution of detached houses by size in Riddings, and where 1 CHESTNUT AVENUE lies on this distribution: 46% of detached houses are smaller than 1 CHESTNUT AVENUE, and 53% of houses are larger. Note that EPC data is not available for all properties in Riddings.

1 CHESTNUT AVENUE: Plot and Title Map

1 CHESTNUT AVENUE sits on a plot of roughly 0.070 of an acre, or 285m². The below map shows the location of 1 CHESTNUT AVENUE, 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 1 CHESTNUT AVENUE). 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 1 CHESTNUT AVENUE?

1 CHESTNUT AVENUE is located in RIDDINGS, in the DE55 postcode district. The below map shows the position of No. 1 on CHESTNUT AVENUE.