3, LEA CRESCENT, RIDDINGS, ALFRETON, DE55 4AQ - £187,500

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 LEA CRESCENT is a small detached house of 73m², built sometime between 1950 and 1966, which could now be worth an estimated £260,930. It was last sold for £187,500 in August 2018, which was around 23% below the average August 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2010, where the current energy rating was C, and the potential energy rating was C.

3 LEA CRESCENT Sold Prices

Land registry data shows three sales for 3 LEA CRESCENT 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. All of the three 3 LEA CRESCENT 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
2018 31 AUG	£187,500	£244,234	23% below HPI
2010 27 AUG	£172,000	£191,905	10% below HPI
2007 30 APR	£153,000	£197,002	22% below HPI

3 LEA CRESCENT 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 LEA CRESCENT sales between April 2007 and August 2018 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 August 2010 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2018 sale, where it falls to 23% below the HPI. The line then continues to track at 23% below the HPI.

What might 3 LEA CRESCENT be worth now?

3 LEA CRESCENT might now be worth an estimated £260,930.

This is based on house price inflation of 39.2%, between August 2018 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 39.2% inflationary increase is applied to the most recent sale price for 3 LEA CRESCENT of £187,500 on 31st August 2018. For the value to have increased from £187,500 to £260,930 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 3 LEA CRESCENT has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The August 2018 sale price of £187,500 represented a fair market value for the property.
• The size, condition, and specification of 3 LEA CRESCENT has not materially changed since August 2018.

How Large is 3 LEA CRESCENT?

3 LEA CRESCENT is 73m² according to the EPC inspection conducted in April 2010. This puts it in the smallest 40% of detached houses houses in Riddings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Riddings, and where 3 LEA CRESCENT lies on this distribution: 34% of detached houses houses are smaller than 3 LEA CRESCENT, and 66% of houses are larger. Note that EPC data is not available for all properties in Riddings.

3 LEA CRESCENT: Plot and Title Map

3 LEA CRESCENT sits on a plot of roughly 0.091 of an acre, or 367m². The below map shows the location of 3 LEA CRESCENT, 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 LEA CRESCENT). 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 LEA CRESCENT?

3 LEA CRESCENT is located in RIDDINGS, in the DE55 postcode district. The below map shows the position of No. 3 on LEA CRESCENT.