2, SILVER WELL DRIVE, STAVELEY, CHESTERFIELD, S43 3LR - £237,500

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 SILVER WELL DRIVE is a large detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £308,774. It was last sold for £237,500 in January 2019, which was around 5% below the average January 2019 detached price in the Chesterfield local authority area. The most recent EPC inspection was March 2014, where the current energy rating was C, and the potential energy rating was B.

2 SILVER WELL DRIVE Sold Prices

Land registry data shows two sales for 2 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 2 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
2019 3 JAN	£237,500	£250,894	5% below HPI
2004 30 JAN	£137,500	£158,853	13% below HPI

2 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 2 SILVER WELL DRIVE sales from January 2004 and January 2019 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 January 2004 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the January 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 SILVER WELL DRIVE be worth now?

2 SILVER WELL DRIVE might now be worth an estimated £308,774.

This is based on house price inflation of 30%, between January 2019 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 30% inflationary increase is applied to the most recent sale price for 2 SILVER WELL DRIVE of £237,500 on 3rd January 2019. For the value to have increased from £237,500 to £308,774 over the five years and eleven months to February 2025, the following assumptions must hold true:

• The value of 2 SILVER WELL DRIVE has moved in line with the HPI for detached houses in the Chesterfield local authority area.
• The January 2019 sale price of £237,500 represented a fair market value for the property.
• The size, condition, and specification of 2 SILVER WELL DRIVE has not materially changed since January 2019.

How Large is 2 SILVER WELL DRIVE?

2 SILVER WELL DRIVE is 111m² according to the EPC inspection conducted in March 2014. This puts it in the largest 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 2 SILVER WELL DRIVE lies on this distribution: 64% of detached houses houses are smaller than 2 SILVER WELL DRIVE, and 35% of houses are larger. Note that EPC data is not available for all properties in Staveley.

2 SILVER WELL DRIVE: Plot and Title Map

2 SILVER WELL DRIVE sits on a plot of roughly 0.102 of an acre, or 413m². The below map shows the location of 2 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 2 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 2 SILVER WELL DRIVE?

2 SILVER WELL DRIVE is located in STAVELEY, in the S43 postcode district. The below map shows the position of No. 2 on SILVER WELL DRIVE.