1, ERICA DRIVE, SOUTH NORMANTON, ALFRETON, DE55 2ET - £200,000

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.

1 ERICA DRIVE is a very small detached house of 77m², built sometime between 1976 and 1982, which could now be worth an estimated £276,286. It was last sold for £200,000 in July 2020, which was around 7% above the average July 2020 detached price in the Bolsover local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

1 ERICA DRIVE Sold Prices

Land registry data shows two sales for 1 ERICA DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. One of the two 1 ERICA DRIVE 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
2020 9 JUL	£200,000	£186,638	7% above HPI
2014 6 JUN	£134,500	£144,906	7% below HPI

1 ERICA DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The two 1 ERICA DRIVE sales from June 2014 and July 2020 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 June 2014 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the July 2020 sale, where it rises to 7% above the HPI. The line then continues to track at 7% above the HPI.

What might 1 ERICA DRIVE be worth now?

1 ERICA DRIVE might now be worth an estimated £276,286.

This is based on house price inflation of 38.1%, between July 2020 and February 2025, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.1% inflationary increase is applied to the most recent sale price for 1 ERICA DRIVE of £200,000 on 9th July 2020. For the value to have increased from £200,000 to £276,286 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 1 ERICA DRIVE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The July 2020 sale price of £200,000 represented a fair market value for the property.
• The size, condition, and specification of 1 ERICA DRIVE has not materially changed since July 2020.

How Large is 1 ERICA DRIVE?

1 ERICA DRIVE is 77m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 20% of detached houses houses in South Normanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Normanton, and where 1 ERICA DRIVE lies on this distribution: 20% of detached houses houses are smaller than 1 ERICA DRIVE, and 79% of houses are larger. Note that EPC data is not available for all properties in South Normanton.

1 ERICA DRIVE: Plot and Title Map

1 ERICA DRIVE sits on a plot of roughly 0.195 of an acre, or 791m². The below map shows the location of 1 ERICA DRIVE, 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 ERICA DRIVE). 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 ERICA DRIVE?

1 ERICA DRIVE is located in SOUTH NORMANTON, in the DE55 postcode district. The below map shows the position of No. 1 on ERICA DRIVE.