3, FOREST DRIVE, PILSLEY, CHESTERFIELD, S45 8EA - £205,000

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.

3 FOREST DRIVE is a small detached house of 72m², built sometime between 1967 and 1975, which could now be worth an estimated £264,871. It was last sold for £205,000 in August 2021, which was around 25% below the average August 2021 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

3 FOREST DRIVE Sold Prices

Land registry data shows three sales for 3 FOREST DRIVE 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 3 FOREST DRIVE 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
2021 6 AUG	£205,000	£274,218	25% below HPI
2020 16 JUN	£124,950	£253,177	51% below HPI
1998 15 DEC	£38,950	£78,044	50% below HPI

3 FOREST DRIVE 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 3 FOREST DRIVE sales between December 1998 and August 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 June 2020 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the August 2021 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might 3 FOREST DRIVE be worth now?

3 FOREST DRIVE might now be worth an estimated £264,871.

This is based on house price inflation of 29.2%, between August 2021 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 29.2% inflationary increase is applied to the most recent sale price for 3 FOREST DRIVE of £205,000 on 6th August 2021. For the value to have increased from £205,000 to £264,871 over the four years and six months to February 2025, the following assumptions must hold true:

• The value of 3 FOREST DRIVE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The August 2021 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 3 FOREST DRIVE has not materially changed since August 2021.

How Large is 3 FOREST DRIVE?

3 FOREST DRIVE is 72m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 30% of detached houses houses in Pilsley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Pilsley, and where 3 FOREST DRIVE lies on this distribution: 22% of detached houses houses are smaller than 3 FOREST DRIVE, and 77% of houses are larger. Note that EPC data is not available for all properties in Pilsley.

3 FOREST DRIVE: Plot and Title Map

3 FOREST DRIVE sits on a plot of roughly 0.048 of an acre, or 195m². The below map shows the location of 3 FOREST DRIVE, 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 3 FOREST DRIVE). 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 3 FOREST DRIVE?

3 FOREST DRIVE is located in PILSLEY, in the S45 postcode district. The below map shows the position of No. 3 on FOREST DRIVE.