12, OLD MILL DRIVE, CHESTERFIELD, S41 9SA - £215,000

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.

12 OLD MILL DRIVE is a very small extended detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £328,546. It was last sold for £215,000 in November 2016, which was around 7% below the average November 2016 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was July 2016, where the current energy rating was D, and the potential energy rating was B.

12 OLD MILL DRIVE Sold Prices

Land registry data shows two sales for 12 OLD MILL 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 North East Derbyshire local authority area for the corresponding sale date. One of the two 12 OLD MILL DRIVE sales was for below the average price, whilst the other was for above 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 11 NOV	£215,000	£231,856	7% below HPI
1997 20 JUN	£75,777	£71,151	7% above HPI

12 OLD MILL DRIVE 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 two 12 OLD MILL DRIVE sales from June 1997 and November 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 June 1997 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the November 2016 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 12 OLD MILL DRIVE be worth now?

12 OLD MILL DRIVE might now be worth an estimated £328,546.

This is based on house price inflation of 52.8%, between November 2016 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 52.8% inflationary increase is applied to the most recent sale price for 12 OLD MILL DRIVE of £215,000 on 11th November 2016. For the value to have increased from £215,000 to £328,546 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 OLD MILL DRIVE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The November 2016 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 12 OLD MILL DRIVE has not materially changed since November 2016.

How Large is 12 OLD MILL DRIVE?

12 OLD MILL DRIVE is 82m², which includes one extension, according to the EPC inspection conducted in July 2016. This puts it in the smallest 10% of detached houses houses in Cutthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Cutthorpe, and where 12 OLD MILL DRIVE lies on this distribution: 6% of detached houses houses are smaller than 12 OLD MILL DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Cutthorpe.

12 OLD MILL DRIVE: Plot and Title Map

12 OLD MILL DRIVE sits on a plot of roughly 0.077 of an acre, or 311m². The below map shows the location of 12 OLD MILL 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 12 OLD MILL 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 12 OLD MILL DRIVE?

12 OLD MILL DRIVE is located in CHESTERFIELD, in the S41 postcode district. The below map shows the position of No. 12 on OLD MILL DRIVE.