45, RED LANE, SOUTH NORMANTON, ALFRETON, DE55 3HA - £290,000

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.

45 RED LANE is a small extended detached house of 96m², built sometime between 1950 and 1966, which could now be worth an estimated £314,705. It was last sold for £290,000 in July 2024, which was around 20% above the average July 2024 detached price in the Bolsover local authority area. The most recent EPC inspection was March 2024, where the current energy rating was D, and the potential energy rating was C.

45 RED LANE Sold Prices

Land registry data shows two sales for 45 RED 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 45 RED 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
2024 5 JUL	£290,000	£242,221	20% above HPI
2007 17 DEC	£215,000	£159,603	35% above HPI

45 RED 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 45 RED LANE sales from December 2007 and July 2024 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 2007 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the July 2024 sale, where it falls to 20% above the HPI. The line then continues to track at 20% above the HPI.

What might 45 RED LANE be worth now?

45 RED LANE might now be worth an estimated £314,705.

This is based on house price inflation of 8.5%, between July 2024 and March 2025, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 8.5% inflationary increase is applied to the most recent sale price for 45 RED LANE of £290,000 on 5th July 2024. For the value to have increased from £290,000 to £314,705 over the one year and four months to March 2025, the following assumptions must hold true:

• The value of 45 RED LANE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The July 2024 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 45 RED LANE has not materially changed since July 2024.

How Large is 45 RED LANE?

45 RED LANE is 96m², which includes two extensions, according to the EPC inspection conducted in March 2024. This puts it in the smallest 40% of detached houses houses in South Normanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Normanton, and where 45 RED LANE lies on this distribution: 38% of detached houses houses are smaller than 45 RED LANE, and 61% of houses are larger. Note that EPC data is not available for all properties in South Normanton.

45 RED LANE: Plot and Title Map

45 RED LANE sits on a plot of roughly 0.182 of an acre, or 737m². The below map shows the location of 45 RED 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 45 RED 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 45 RED LANE?

45 RED LANE is located in SOUTH NORMANTON, in the DE55 postcode district. The below map shows the position of No. 45 on RED LANE.