3, NEW ROAD, WINGERWORTH, CHESTERFIELD, S42 6TB - £400,000

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 NEW ROAD is a very large extended detached house of 159m², built sometime between 1950 and 1966, which could now be worth an estimated £534,615. It was last sold for £400,000 in February 2020, which was around 51% above the average February 2020 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was February 2018, where the current energy rating was D, and the potential energy rating was C.

3 NEW ROAD Sold Prices

Land registry data shows two sales for 3 NEW ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. Both of the two 3 NEW ROAD 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
2020 14 FEB	£400,000	£265,091	51% above HPI
1997 22 MAY	£107,000	£69,823	53% above HPI

3 NEW ROAD 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 two 3 NEW ROAD sales from May 1997 and February 2020 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 May 1997 sale was for 53% above the HPI. So the extrapolation line tracks at 53% above the HPI over time, until the February 2020 sale, where it falls to 51% above the HPI. The line then continues to track at 51% above the HPI.

What might 3 NEW ROAD be worth now?

3 NEW ROAD might now be worth an estimated £534,615.

This is based on house price inflation of 33.7%, between February 2020 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 33.7% inflationary increase is applied to the most recent sale price for 3 NEW ROAD of £400,000 on 14th February 2020. For the value to have increased from £400,000 to £534,615 over the five years to February 2025, the following assumptions must hold true:

• The value of 3 NEW ROAD has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The February 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 3 NEW ROAD has not materially changed since February 2020.

How Large is 3 NEW ROAD?

3 NEW ROAD is 159m², which includes two extensions, according to the EPC inspection conducted in February 2018. This puts it in the largest 20% of detached houses houses in Wingerworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wingerworth, and where 3 NEW ROAD lies on this distribution: 88% of detached houses houses are smaller than 3 NEW ROAD, and 11% of houses are larger. Note that EPC data is not available for all properties in Wingerworth.

3 NEW ROAD: Plot and Title Map

3 NEW ROAD sits on a plot of roughly 0.265 of an acre, or 1,074m². The below map shows the location of 3 NEW ROAD, 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 NEW ROAD). 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 NEW ROAD?

3 NEW ROAD is located in WINGERWORTH, in the S42 postcode district. The below map shows the position of No. 3 on NEW ROAD.