16, SILVER WELL DRIVE, STAVELEY, CHESTERFIELD, S43 3LR - £140,000

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.

16 SILVER WELL DRIVE is a small extended detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £192,646. It was last sold for £140,000 in August 2017, which was around 41% below the average August 2017 detached price in the Chesterfield local authority area. The most recent EPC inspection was February 2017, where the current energy rating was C, and the potential energy rating was B.

16 SILVER WELL DRIVE Sold Prices

Land registry data shows two sales for 16 SILVER WELL 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 Chesterfield local authority area for the corresponding sale date. Both of the two 16 SILVER WELL DRIVE 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
2017 11 AUG	£140,000	£237,048	41% below HPI
2003 30 SEP	£120,000	£144,683	17% below HPI

16 SILVER WELL DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chesterfield local authority area over time, sourced from the HPI. The two 16 SILVER WELL DRIVE sales from September 2003 and August 2017 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 September 2003 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the August 2017 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 16 SILVER WELL DRIVE be worth now?

16 SILVER WELL DRIVE might now be worth an estimated £192,646.

This is based on house price inflation of 37.6%, between August 2017 and February 2025, for detached houses, in the Chesterfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 37.6% inflationary increase is applied to the most recent sale price for 16 SILVER WELL DRIVE of £140,000 on 11th August 2017. For the value to have increased from £140,000 to £192,646 over the eight years and six months to February 2025, the following assumptions must hold true:

• The value of 16 SILVER WELL DRIVE has moved in line with the HPI for detached houses in the Chesterfield local authority area.
• The August 2017 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of 16 SILVER WELL DRIVE has not materially changed since August 2017.

How Large is 16 SILVER WELL DRIVE?

16 SILVER WELL DRIVE is 89m², which includes one extension, according to the EPC inspection conducted in February 2017. This puts it in the smallest 40% of detached houses houses in Staveley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Staveley, and where 16 SILVER WELL DRIVE lies on this distribution: 39% of detached houses houses are smaller than 16 SILVER WELL DRIVE, and 60% of houses are larger. Note that EPC data is not available for all properties in Staveley.

16 SILVER WELL DRIVE: Plot and Title Map

16 SILVER WELL DRIVE sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 16 SILVER WELL 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 16 SILVER WELL 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 16 SILVER WELL DRIVE?

16 SILVER WELL DRIVE is located in STAVELEY, in the S43 postcode district. The below map shows the position of No. 16 on SILVER WELL DRIVE.