15, LAVENDER CLOSE, TIBSHELF, ALFRETON, DE55 5LH - £225,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

15 LAVENDER CLOSE is a large detached house of 111m², built sometime between 1996 and 2002, which could now be worth an estimated £394,144. It was last sold for £225,000 in March 2016, which was around 50% above the average March 2016 detached price in the Bolsover local authority area. The most recent EPC inspection was July 2015, where the current energy rating was C, and the potential energy rating was B.

15 LAVENDER CLOSE Sold Prices

Land registry data shows three sales for 15 LAVENDER CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. All of the three 15 LAVENDER CLOSE 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
2016 23 MAR	£225,000	£150,165	50% above HPI
2006 8 DEC	£210,000	£154,847	36% above HPI
2000 22 SEP	£102,950	£59,424	73% above HPI

15 LAVENDER CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The three 15 LAVENDER CLOSE sales between September 2000 and March 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 December 2006 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the March 2016 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.

What might 15 LAVENDER CLOSE be worth now?

15 LAVENDER CLOSE might now be worth an estimated £394,144.

This is based on house price inflation of 75.2%, between March 2016 and December 2024, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 75.2% inflationary increase is applied to the most recent sale price for 15 LAVENDER CLOSE of £225,000 on 23rd March 2016. For the value to have increased from £225,000 to £394,144 over the seven years and three months to December 2024, the following assumptions must hold true:

• The value of 15 LAVENDER CLOSE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The March 2016 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 15 LAVENDER CLOSE has not materially changed since March 2016.

How Large is 15 LAVENDER CLOSE?

15 LAVENDER CLOSE is 111m² according to the EPC inspection conducted in July 2015. This puts it in the largest 30% of detached houses houses in Tibshelf, based on EPC data. The below chart shows the distribution of detached houses houses by size in Tibshelf, and where 15 LAVENDER CLOSE lies on this distribution: 73% of detached houses houses are smaller than 15 LAVENDER CLOSE, and 27% of houses are larger. Note that EPC data is not available for all properties in Tibshelf.

15 LAVENDER CLOSE: Plot and Title Map

15 LAVENDER CLOSE sits on a plot of roughly 0.138 of an acre, or 558m². The below map shows the location of 15 LAVENDER CLOSE, 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 15 LAVENDER CLOSE). 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 15 LAVENDER CLOSE?

15 LAVENDER CLOSE is located in TIBSHELF, in the DE55 postcode district. The below map shows the position of No. 15 on LAVENDER CLOSE.