40, OAK ROAD, GRASSMOOR, CHESTERFIELD, S42 5YB - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

40 OAK ROAD is a very small detached house of 56m², built sometime between 1991 and 1995. It was last sold for £210,000 in January 2022, which was around 25% below the average January 2022 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

40 OAK ROAD Sold Prices

Land registry data shows two sales for 40 OAK 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 40 OAK ROAD 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
2022 21 JAN	£210,000	£280,487	25% below HPI
1998 4 DEC	£56,000	£77,642	28% below HPI

40 OAK 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 40 OAK ROAD sales from December 1998 and January 2022 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 1998 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the January 2022 sale, where it rises to 25% below the HPI. The line then continues to track at 25% below the HPI.

How Large is 40 OAK ROAD?

40 OAK ROAD is 56m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 10% of detached houses in Grassmoor, based on EPC data. The below chart shows the distribution of detached houses by size in Grassmoor, and where 40 OAK ROAD lies on this distribution: 3% of detached houses are smaller than 40 OAK ROAD, and 97% of houses are larger. Note that EPC data is not available for all properties in Grassmoor.

40 OAK ROAD: Plot and Title Map

40 OAK ROAD sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 40 OAK 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 40 OAK 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 40 OAK ROAD?

40 OAK ROAD is located in GRASSMOOR, in the S42 postcode district. The below map shows the position of No. 40 on OAK ROAD.