2, SEVERN CRESCENT, NORTH WINGFIELD, CHESTERFIELD, S42 5NY - £267,500

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.

2 SEVERN CRESCENT is a midsized extended detached house of 92m², built sometime between 1983 and 1990, which could now be worth an estimated £325,093. It was last sold for £267,500 in June 2023, which was around 8% below the average June 2023 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was March 2023, where the current energy rating was B, and the potential energy rating was B.

2 SEVERN CRESCENT Sold Prices

Land registry data shows six sales for 2 SEVERN CRESCENT since 1^st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the six 2 SEVERN CRESCENT 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
2023 30 JUN	£267,500	£291,536	8% below HPI
2020 6 NOV	£206,000	£284,215	28% below HPI
2013 24 MAY	£125,000	£182,645	32% below HPI
2010 3 SEP	£126,000	£199,013	37% below HPI
2008 15 JAN	£149,500	£211,315	29% below HPI
1999 10 DEC	£64,000	£82,951	23% below HPI

2 SEVERN CRESCENT 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 six 2 SEVERN CRESCENT sales between December 1999 and June 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 November 2020 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the June 2023 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 2 SEVERN CRESCENT be worth now?

2 SEVERN CRESCENT might now be worth an estimated £325,093.

This is based on house price inflation of 21.5%, between June 2023 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 21.5% inflationary increase is applied to the most recent sale price for 2 SEVERN CRESCENT of £267,500 on 30th June 2023. For the value to have increased from £267,500 to £325,093 over the two years and four months to February 2025, the following assumptions must hold true:

• The value of 2 SEVERN CRESCENT has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The June 2023 sale price of £267,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SEVERN CRESCENT has not materially changed since June 2023.

How Large is 2 SEVERN CRESCENT?

2 SEVERN CRESCENT is 92m², which includes one extension, according to the EPC inspection conducted in March 2023. This puts it in the largest 50% of detached houses houses in North Wingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Wingfield, and where 2 SEVERN CRESCENT lies on this distribution: 54% of detached houses houses are smaller than 2 SEVERN CRESCENT, and 45% of houses are larger. Note that EPC data is not available for all properties in North Wingfield.

2 SEVERN CRESCENT: Plot and Title Map

2 SEVERN CRESCENT sits on a plot of roughly 0.064 of an acre, or 257m². The below map shows the location of 2 SEVERN CRESCENT, 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 SEVERN CRESCENT). 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 SEVERN CRESCENT?

2 SEVERN CRESCENT is located in NORTH WINGFIELD, in the S42 postcode district. The below map shows the position of No. 2 on SEVERN CRESCENT.