38, STRETTEA LANE, HIGHAM, ALFRETON, DE55 6EJ - £257,500

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 STRETTEA LANE is a very small extended detached house of 89m², built sometime between 1950 and 1966. It was last sold for £257,500 in January 2016, which was around 17% above the average January 2016 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was D, and the potential energy rating was B.

38 STRETTEA LANE Sold Prices

Land registry data shows three sales for 38 STRETTEA LANE 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 38 STRETTEA LANE 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
2016 13 JAN	£257,500	£220,954	17% above HPI
2007 6 OCT	£245,000	£206,562	19% above HPI
2003 3 JUL	£200,000	£140,685	42% above HPI

38 STRETTEA LANE 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 38 STRETTEA LANE sales between July 2003 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 October 2007 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the January 2016 sale, where it falls to 17% above the HPI. The line then continues to track at 17% above the HPI.

How Large is 38 STRETTEA LANE?

38 STRETTEA LANE is 89m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the smallest 10% of detached houses in Higham, based on EPC data. The below chart shows the distribution of detached houses by size in Higham, and where 38 STRETTEA LANE lies on this distribution: 10% of detached houses are smaller than 38 STRETTEA LANE, and 90% of houses are larger. Note that EPC data is not available for all properties in Higham.

38 STRETTEA LANE: Plot and Title Map

38 STRETTEA LANE sits on a plot of roughly 0.153 of an acre, or 618m². The below map shows the location of 38 STRETTEA 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 STRETTEA 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 STRETTEA LANE?

38 STRETTEA LANE is located in HIGHAM, in the DE55 postcode district. The below map shows the position of No. 38 on STRETTEA LANE.