2, CHESTNUT AVENUE, RIDDINGS, ALFRETON, DE55 4EE - £73,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 CHESTNUT AVENUE is a very large extended detached house of 229m², built sometime between 1967 and 1975. It was last sold for £73,000 in March 2001, which was around 21% below the average March 2001 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2012, where the current energy rating was C, and the potential energy rating was B.

2 CHESTNUT AVENUE Sold Prices

Land registry data shows two sales for 2 CHESTNUT AVENUE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 2 CHESTNUT AVENUE 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
2001 23 MAR	£73,000	£92,600	21% below HPI
1997 16 OCT	£51,000	£66,720	24% below HPI

2 CHESTNUT AVENUE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 2 CHESTNUT AVENUE sales from October 1997 and March 2001 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 October 1997 sale was for 24% below the HPI. So the extrapolation line tracks at 24% below the HPI over time, until the March 2001 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 CHESTNUT AVENUE?

2 CHESTNUT AVENUE is 229m², which includes one extension, according to the EPC inspection conducted in August 2012. This puts it in the largest 10% of detached houses in Riddings, based on EPC data. The below chart shows the distribution of detached houses by size in Riddings, and where 2 CHESTNUT AVENUE lies on this distribution: 95% of detached houses are smaller than 2 CHESTNUT AVENUE, and 5% of houses are larger. Note that EPC data is not available for all properties in Riddings.

2 CHESTNUT AVENUE: Plot and Title Map

2 CHESTNUT AVENUE sits on a plot of roughly 0.099 of an acre, or 399m². The below map shows the location of 2 CHESTNUT AVENUE, 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 2 CHESTNUT AVENUE). 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 2 CHESTNUT AVENUE?

2 CHESTNUT AVENUE is located in RIDDINGS, in the DE55 postcode district. The below map shows the position of No. 2 on CHESTNUT AVENUE.