4, NEWLANDS DRIVE, RIDDINGS, ALFRETON, DE55 4EL - £225,000

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

4 NEWLANDS DRIVE is a very large extended detached house of 130m², built sometime between 1930 and 1949. It was last sold for £225,000 in July 2008, which was around 12% above the average July 2008 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was C.

4 NEWLANDS DRIVE Sold Prices

Land registry data shows two sales for 4 NEWLANDS DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 4 NEWLANDS DRIVE 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
2008 11 JUL	£225,000	£201,524	12% above HPI
1997 15 APR	£75,000	£63,948	17% above HPI

4 NEWLANDS DRIVE 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 two 4 NEWLANDS DRIVE sales from April 1997 and July 2008 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 April 1997 sale was for 17% above the HPI. So the extrapolation line tracks at 17% above the HPI over time, until the July 2008 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

How Large is 4 NEWLANDS DRIVE?

4 NEWLANDS DRIVE is 130m², which includes two extensions, according to the EPC inspection conducted in February 2014. This puts it in the largest 20% of detached houses in Riddings, based on EPC data. The below chart shows the distribution of detached houses by size in Riddings, and where 4 NEWLANDS DRIVE lies on this distribution: 82% of detached houses are smaller than 4 NEWLANDS DRIVE, and 17% of houses are larger. Note that EPC data is not available for all properties in Riddings.

4 NEWLANDS DRIVE: Plot and Title Map

4 NEWLANDS DRIVE sits on a plot of roughly 0.113 of an acre, or 457m². The below map shows the location of 4 NEWLANDS DRIVE, 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 4 NEWLANDS DRIVE). 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 4 NEWLANDS DRIVE?

4 NEWLANDS DRIVE is located in RIDDINGS, in the DE55 postcode district. The below map shows the position of No. 4 on NEWLANDS DRIVE.