275, SPITAL LANE, CHESTERFIELD, S41 0HS - £240,000

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.

275 SPITAL LANE is a very small detached house of 67m², built sometime from 2007 onwards, which could now be worth an estimated £391,961. It was last sold for £240,000 in December 2012, which was around 22% above the average December 2012 detached price in the Chesterfield local authority area. The most recent EPC inspection was July 2011, where the current energy rating was C, and the potential energy rating was C.

275 SPITAL LANE Sold Prices

Land registry data shows two sales for 275 SPITAL 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 Chesterfield local authority area for the corresponding sale date. Both of the two 275 SPITAL LANE 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
2012 10 DEC	£240,000	£197,398	22% above HPI
2007 18 DEC	£239,000	£217,517	10% above HPI

275 SPITAL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chesterfield local authority area over time, sourced from the HPI. The two 275 SPITAL LANE sales from December 2007 and December 2012 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 December 2007 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the December 2012 sale, where it rises to 22% above the HPI. The line then continues to track at 22% above the HPI.

What might 275 SPITAL LANE be worth now?

275 SPITAL LANE might now be worth an estimated £391,961.

This is based on house price inflation of 63.3%, between December 2012 and March 2025, for detached houses, in the Chesterfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 63.3% inflationary increase is applied to the most recent sale price for 275 SPITAL LANE of £240,000 on 10th December 2012. For the value to have increased from £240,000 to £391,961 over the thirteen years and nine months to March 2025, the following assumptions must hold true:

• The value of 275 SPITAL LANE has moved in line with the HPI for detached houses in the Chesterfield local authority area.
• The December 2012 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 275 SPITAL LANE has not materially changed since December 2012.

How Large is 275 SPITAL LANE?

275 SPITAL LANE is 67m² according to the EPC inspection conducted in July 2011. This puts it in the smallest 10% of detached houses houses in Chesterfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chesterfield, and where 275 SPITAL LANE lies on this distribution: 8% of detached houses houses are smaller than 275 SPITAL LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.

275 SPITAL LANE: Plot and Title Map

275 SPITAL LANE sits on a plot of roughly 0.091 of an acre, or 368m². The below map shows the location of 275 SPITAL 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 275 SPITAL 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 275 SPITAL LANE?

275 SPITAL LANE is located in CHESTERFIELD, in the S41 postcode district. The below map shows the position of No. 275 on SPITAL LANE.