23, MEADOW LANE, ALFRETON, DE55 7EZ - £250,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

23 MEADOW LANE is a very large extended semi-detached house of 243m², built sometime before 1900. It was last sold for £250,000 in July 2022, which was around 20% below the average July 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was E, and the potential energy rating was C.

23 MEADOW LANE Sold Prices

Land registry data shows five sales for 23 MEADOW LANE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Most of the five 23 MEADOW 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
2022 8 JUL	£250,000	£311,018	20% below HPI
2004 9 JAN	£180,000	£157,693	14% above HPI
2003 7 NOV	£180,000	£152,876	18% above HPI
1998 1 JUN	£37,000	£67,177	45% below HPI
1997 27 MAR	£26,000	£63,637	59% below HPI

23 MEADOW LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The five 23 MEADOW LANE sales between March 1997 and July 2022 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 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the July 2022 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 23 MEADOW LANE?

23 MEADOW LANE is 243m², which includes one extension, according to the EPC inspection conducted in October 2021. This puts it in the largest 10% of detached houses in Alfreton, based on EPC data. The below chart shows the distribution of detached houses by size in Alfreton, and where 23 MEADOW LANE lies on this distribution: 99% of detached houses are smaller than 23 MEADOW LANE, and 1% of houses are larger. Note that EPC data is not available for all properties in Alfreton.

23 MEADOW LANE: Plot and Title Map

23 MEADOW LANE sits on a plot of roughly 0.042 of an acre, or 172m². The below map shows the location of 23 MEADOW 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 23 MEADOW 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 23 MEADOW LANE?

23 MEADOW LANE is located in ALFRETON, in the DE55 postcode district. The below map shows the position of No. 23 on MEADOW LANE.