12, SPRING GARDENS, WESSINGTON, ALFRETON, DE55 6FQ - £475,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

12 SPRING GARDENS is a large extended detached house of 142m², built sometime from 2012 onwards. It was last sold for £475,000 in September 2023, which was around 52% above the average September 2023 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was April 2023, where the current energy rating was B, and the potential energy rating was A.

12 SPRING GARDENS Sold Prices

Land registry data shows two sales for 12 SPRING GARDENS 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. Both of the two 12 SPRING GARDENS sales were 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
2023 20 SEP	£475,000	£311,953	52% above HPI
2012 23 APR	£320,095	£188,331	70% above HPI

12 SPRING GARDENS 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 SPRING GARDENS sales from April 2012 and September 2023 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 April 2012 sale was for 70% above the HPI. So the extrapolation line tracks at 70% above the HPI over time, until the September 2023 sale, where it falls to 52% above the HPI. The line then continues to track at 52% above the HPI.

How Large is 12 SPRING GARDENS?

12 SPRING GARDENS is 142m², which includes one extension, according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of detached houses in Wessington, based on EPC data. The below chart shows the distribution of detached houses by size in Wessington, and where 12 SPRING GARDENS lies on this distribution: 76% of detached houses are smaller than 12 SPRING GARDENS, and 20% of houses are larger. Note that EPC data is not available for all properties in Wessington.

12 SPRING GARDENS: Plot and Title Map

12 SPRING GARDENS sits on a plot of roughly 0.105 of an acre, or 427m². The below map shows the location of 12 SPRING GARDENS, 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 SPRING GARDENS). 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 SPRING GARDENS?

12 SPRING GARDENS is located in WESSINGTON, in the DE55 postcode district. The below map shows the position of No. 12 on SPRING GARDENS.