2, SMITH LANE, WINGERWORTH, CHESTERFIELD, S42 6FP - £248,000

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 SMITH LANE is a very small detached house of 81m². It was last sold for £248,000 in December 2023, which was around 20% below the average December 2023 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

2 SMITH LANE Sold Prices

Land registry data shows two sales for 2 SMITH LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. Both of the two 2 SMITH LANE 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 8 DEC	£248,000	£310,489	20% below HPI
2016 28 OCT	£205,995	£227,794	10% below HPI

2 SMITH LANE 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 two 2 SMITH LANE sales from October 2016 and December 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 October 2016 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2023 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 2 SMITH LANE?

2 SMITH LANE is 81m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Wingerworth, based on EPC data. The below chart shows the distribution of detached houses by size in Wingerworth, and where 2 SMITH LANE lies on this distribution: 16% of detached houses are smaller than 2 SMITH LANE, and 83% of houses are larger. Note that EPC data is not available for all properties in Wingerworth.

2 SMITH LANE: Plot and Title Map

2 SMITH LANE sits on a plot of roughly 0.057 of an acre, or 230m². The below map shows the location of 2 SMITH LANE, 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 SMITH LANE). 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 SMITH LANE?

2 SMITH LANE is located in WINGERWORTH, in the S42 postcode district. The below map shows the position of No. 2 on SMITH LANE.