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 NEWBRIDGE LANE is a large extended detached house of 124m², built sometime between 1930 and 1949. It was last sold for £240,000 in September 2016, which was around 12% above the average September 2016 detached price in the Chesterfield local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows two sales for 116 NEWBRIDGE LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chesterfield local authority area for the corresponding sale date. One of the two 116 NEWBRIDGE LANE 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 |
---|---|---|---|
2016 23 SEP | £240,000 | £214,702 | 12% above HPI |
2014 3 OCT | £115,000 | £198,033 | 42% below HPI |
The below graph shows the average detached house price in the Chesterfield local authority area over time, sourced from the HPI. The two 116 NEWBRIDGE LANE sales from October 2014 and September 2016 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 October 2014 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the September 2016 sale, where it rises to 12% above the HPI. The line then continues to track at 12% above the HPI.
116 NEWBRIDGE LANE is 124m², which includes one extension, according to the EPC inspection conducted in May 2016. This puts it in the largest 40% of detached houses in Chesterfield, based on EPC data. The below chart shows the distribution of detached houses by size in Chesterfield, and where 116 NEWBRIDGE LANE lies on this distribution: 69% of detached houses are smaller than 116 NEWBRIDGE LANE, and 30% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.
116 NEWBRIDGE LANE sits on a plot of roughly 0.135 of an acre, or 547m². The below map shows the location of 116 NEWBRIDGE LANE, 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 NEWBRIDGE LANE). 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 NEWBRIDGE LANE is located in OLD WHITTINGTON, in the S41 postcode district. The below map shows the position of No. 116 on NEWBRIDGE LANE.