38, MODEL LANE, CRESWELL, WORKSOP, S80 4BZ - £195,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

38 MODEL LANE is a very small detached house of 75m². It was last sold for £195,000 in May 2023, which was around 22% below the average May 2023 detached price in the Bolsover local authority area. The most recent EPC inspection was December 2020, where the current energy rating was B, and the potential energy rating was A.

38 MODEL LANE Sold Prices

Land registry data shows two sales for 38 MODEL 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 Bolsover local authority area for the corresponding sale date. Both of the two 38 MODEL LANE 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
2023 23 MAY	£195,000	£249,849	22% below HPI
2020 18 DEC	£163,995	£205,867	20% below HPI

38 MODEL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The two 38 MODEL LANE sales from December 2020 and May 2023 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 2020 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the May 2023 sale, where it falls to 22% below the HPI. The line then continues to track at 22% below the HPI.

How Large is 38 MODEL LANE?

38 MODEL LANE is 75m² according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of detached houses in Creswell, based on EPC data. The below chart shows the distribution of detached houses by size in Creswell, and where 38 MODEL LANE lies on this distribution: 19% of detached houses are smaller than 38 MODEL LANE, and 76% of houses are larger. Note that EPC data is not available for all properties in Creswell.

38 MODEL LANE: Plot and Title Map

38 MODEL LANE sits on a plot of roughly 0.074 of an acre, or 299m². The below map shows the location of 38 MODEL 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 38 MODEL 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 38 MODEL LANE?

38 MODEL LANE is located in CRESWELL, in the S80 postcode district. The below map shows the position of No. 38 on MODEL LANE.