11B, STRETTEA LANE, HIGHAM, ALFRETON, DE55 6BQ - £172,500

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.

11B STRETTEA LANE is a very small detached house of 80m², built sometime between 2003 and 2006, which could now be worth an estimated £245,221. It was last sold for £172,500 in July 2018, which was around 31% below the average July 2018 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was B.

11B STRETTEA LANE Sold Prices

Land registry data shows five sales for 11B STRETTEA LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the five 11B STRETTEA LANE 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 13 JUL	£172,500	£249,234	31% below HPI
2004 17 AUG	£137,000	£168,309	19% below HPI
2003 28 MAR	£94,500	£117,352	19% below HPI
2002 8 MAY	£18,500	£104,348	82% below HPI
1999 10 SEP	£12,500	£82,842	85% below HPI

11B STRETTEA LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The five 11B STRETTEA LANE sales between September 1999 and July 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 August 2004 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the July 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 11B STRETTEA LANE be worth now?

11B STRETTEA LANE might now be worth an estimated £245,221.

This is based on house price inflation of 42.2%, between July 2018 and February 2025, for detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 42.2% inflationary increase is applied to the most recent sale price for 11B STRETTEA LANE of £172,500 on 13th July 2018. For the value to have increased from £172,500 to £245,221 over the seven years and five months to February 2025, the following assumptions must hold true:

• The value of 11B STRETTEA LANE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The July 2018 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 11B STRETTEA LANE has not materially changed since July 2018.

How Large is 11B STRETTEA LANE?

11B STRETTEA LANE is 80m² according to the EPC inspection conducted in May 2017. This puts it in the smallest 10% of detached houses houses in Higham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Higham, and where 11B STRETTEA LANE lies on this distribution: 5% of detached houses houses are smaller than 11B STRETTEA LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Higham.

11B STRETTEA LANE: Plot and Title Map

11B STRETTEA LANE sits on a plot of roughly 0.042 of an acre, or 171m². The below map shows the location of 11B STRETTEA 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 11B STRETTEA 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.

Where is 11B STRETTEA LANE?

11B STRETTEA LANE is located in HIGHAM, in the DE55 postcode district. The below map shows the position of No. 11B on STRETTEA LANE.