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 THE AVENUE is a midsized detached house of 107m², built in 2021. 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.
Land registry data shows two sales for 2 THE AVENUE since 1st 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 | £280,111 | 9% below HPI |
2018 8 MAR | £1,917,244 | £247,943 | 673% above HPI |
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 673% above the HPI. So the extrapolation line tracks at 673% 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.
2 THE AVENUE is 107m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 50% 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 THE AVENUE lies on this distribution: 47% of detached 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.
2 THE AVENUE is located in WINGERWORTH, in the S42 postcode district. The below map shows the position of No. 2 on THE AVENUE.