24, SPRING GARDENS, WESSINGTON, ALFRETON, DE55 6FQ - £295,000

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.

24 SPRING GARDENS is a midsized detached house of 127m², which could now be worth an estimated £436,935. It was last sold for £295,000 in October 2017, which was around 23% above the average October 2017 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was August 2012, where the current energy rating was B, and the potential energy rating was B.

24 SPRING GARDENS Sold Prices

Land registry data shows three sales for 24 SPRING GARDENS since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the three 24 SPRING GARDENS sales were 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
2017 16 OCT	£295,000	£239,211	23% above HPI
2016 25 NOV	£265,000	£231,856	14% above HPI
2012 31 AUG	£286,115	£193,904	48% above HPI

24 SPRING GARDENS 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 three 24 SPRING GARDENS sales between August 2012 and October 2017 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 November 2016 sale was for 14% above the HPI. So the extrapolation line tracks at 14% above the HPI over time, until the October 2017 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 24 SPRING GARDENS be worth now?

24 SPRING GARDENS might now be worth an estimated £436,935.

This is based on house price inflation of 48.1%, between October 2017 and February 2025, 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 48.1% inflationary increase is applied to the most recent sale price for 24 SPRING GARDENS of £295,000 on 16th October 2017. For the value to have increased from £295,000 to £436,935 over the eight years and eight months to February 2025, the following assumptions must hold true:

• The value of 24 SPRING GARDENS has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The October 2017 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 24 SPRING GARDENS has not materially changed since October 2017.

How Large is 24 SPRING GARDENS?

24 SPRING GARDENS is 127m² according to the EPC inspection conducted in August 2012. This puts it in the largest 50% of detached houses houses in Wessington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wessington, and where 24 SPRING GARDENS lies on this distribution: 52% of detached houses houses are smaller than 24 SPRING GARDENS, and 46% of houses are larger. Note that EPC data is not available for all properties in Wessington.

24 SPRING GARDENS: Plot and Title Map

24 SPRING GARDENS sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 24 SPRING GARDENS, 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 24 SPRING GARDENS). 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 24 SPRING GARDENS?

24 SPRING GARDENS is located in WESSINGTON, in the DE55 postcode district. The below map shows the position of No. 24 on SPRING GARDENS.