3, LAKESIDE, CHESTERFIELD ROAD, OAKERTHORPE, ALFRETON, DE55 7PE - £417,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

3 LAKESIDE is a large detached house of 227m², built sometime between 1996 and 2002, which could now be worth an estimated £659,802. It was last sold for £417,000 in January 2016, which was around 94% above the average January 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

3 LAKESIDE Sold Prices

Land registry data shows three sales for 3 LAKESIDE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Two of the three 3 LAKESIDE sales were for above the average price, whilst one was 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
2016 15 JAN	£417,000	£214,808	94% above HPI
2012 20 JUL	£343,000	£183,151	87% above HPI
2002 14 AUG	£70,000	£113,291	38% below HPI

3 LAKESIDE 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 three 3 LAKESIDE sales between August 2002 and January 2016 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 July 2012 sale was for 87% above the HPI. So the extrapolation line tracks at 87% above the HPI over time, until the January 2016 sale, where it rises to 94% above the HPI. The line then continues to track at 94% above the HPI.

What might 3 LAKESIDE be worth now?

3 LAKESIDE might now be worth an estimated £659,802.

This is based on house price inflation of 58.2%, between January 2016 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 58.2% inflationary increase is applied to the most recent sale price for 3 LAKESIDE of £417,000 on 15th January 2016. For the value to have increased from £417,000 to £659,802 over the eight years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 LAKESIDE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The January 2016 sale price of £417,000 represented a fair market value for the property.
• The size, condition, and specification of 3 LAKESIDE has not materially changed since January 2016.

How Large is 3 LAKESIDE?

3 LAKESIDE is 227m² according to the EPC inspection conducted in July 2014. This puts it in the largest 40% of detached houses houses in Oakerthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakerthorpe, and where 3 LAKESIDE lies on this distribution: 67% of detached houses houses are smaller than 3 LAKESIDE, and 33% of houses are larger. Note that EPC data is not available for all properties in Oakerthorpe.

3 LAKESIDE: Plot and Title Map

3 LAKESIDE sits on a plot of roughly 0.267 of an acre, or 1,080m². The below map shows the location of 3 LAKESIDE, 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 LAKESIDE). 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 LAKESIDE?

3 LAKESIDE is located on CHESTERFIELD ROAD in OAKERTHORPE, in the DE55 postcode district. The below map shows the position of 3 LAKESIDE on CHESTERFIELD ROAD.