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
116 BIRCHWOOD ROAD is a very small detached house of 86m², built sometime between 1991 and 1995. It was last sold for £220,000 in December 2021, which was around 26% below the average December 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2021, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows four sales for 116 BIRCHWOOD ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Most of the four 116 BIRCHWOOD ROAD 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 |
---|---|---|---|
2021 3 DEC | £220,000 | £295,462 | 26% below HPI |
2007 17 DEC | £159,000 | £210,447 | 24% below HPI |
2005 24 MAR | £130,000 | £180,968 | 28% below HPI |
1997 31 JAN | £68,995 | £62,380 | 11% above HPI |
The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The four 116 BIRCHWOOD ROAD sales between January 1997 and December 2021 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 December 2007 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the December 2021 sale, where it falls to 26% below the HPI. The line then continues to track at 26% below the HPI.
116 BIRCHWOOD ROAD is 86m² according to the EPC inspection conducted in May 2021. This puts it in the smallest 20% of detached houses in Alfreton, based on EPC data. The below chart shows the distribution of detached houses by size in Alfreton, and where 116 BIRCHWOOD ROAD lies on this distribution: 17% of detached houses are smaller than 116 BIRCHWOOD ROAD, and 83% of houses are larger. Note that EPC data is not available for all properties in Alfreton.
116 BIRCHWOOD ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 116 BIRCHWOOD ROAD, 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 116 BIRCHWOOD ROAD). 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.
116 BIRCHWOOD ROAD is located in ALFRETON, in the DE55 postcode district. The below map shows the position of No. 116 on BIRCHWOOD ROAD.