2, THE AVENUE, WINGERWORTH, CHESTERFIELD, S42 6FT - £255,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 THE AVENUE is a midsized detached house of 107m², built in 2021, which could now be worth an estimated £313,853. It was last sold for £255,000 in November 2021, which was around 9% below the average November 2021 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was October 2021, where the current energy rating was B, and the potential energy rating was A.

2 THE AVENUE Sold Prices

Land registry data shows two sales for 2 THE 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 North East Derbyshire local authority area for the corresponding sale date. One of the two 2 THE AVENUE sales was for below the average price, whilst the other was for above 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
2021 11 NOV	£255,000	£281,564	9% below HPI
2018 8 MAR	£1,917,244	£249,230	669% above HPI

2 THE AVENUE 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 THE AVENUE sales from March 2018 and November 2021 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 March 2018 sale was for 669% above the HPI. So the extrapolation line tracks at 669% above the HPI over time, until the November 2021 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 2 THE AVENUE be worth now?

2 THE AVENUE might now be worth an estimated £313,853.

This is based on house price inflation of 23.1%, between November 2021 and December 2024, 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 23.1% inflationary increase is applied to the most recent sale price for 2 THE AVENUE of £255,000 on 11th November 2021. For the value to have increased from £255,000 to £313,853 over the two years and eleven months to December 2024, the following assumptions must hold true:

• The value of 2 THE AVENUE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The November 2021 sale price of £255,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE AVENUE has not materially changed since November 2021.

How Large is 2 THE AVENUE?

2 THE AVENUE is 107m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% of detached houses houses in Wingerworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wingerworth, and where 2 THE AVENUE lies on this distribution: 46% of detached houses houses are smaller than 2 THE AVENUE, and 51% of houses are larger. Note that EPC data is not available for all properties in Wingerworth.

Where is 2 THE AVENUE?

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