5, GALLERY LANE, HOLYMOORSIDE, CHESTERFIELD, S42 7ER - £277,000

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.

5 GALLERY LANE is a midsized extended detached house of 107m², built sometime between 1967 and 1975, which could now be worth an estimated £370,221. It was last sold for £277,000 in February 2020, which was around 4% above the average February 2020 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was July 2017, where the current energy rating was D, and the potential energy rating was C.

5 GALLERY LANE Sold Prices

Land registry data shows four sales for 5 GALLERY LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the four 5 GALLERY 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
2020 13 FEB	£277,000	£265,091	4% above HPI
2015 8 JUL	£285,000	£211,649	35% above HPI
2013 8 AUG	£266,500	£200,882	33% above HPI
2006 11 AUG	£242,000	£193,552	25% above HPI

5 GALLERY 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 four 5 GALLERY LANE sales between August 2006 and February 2020 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 July 2015 sale was for 35% above the HPI. So the extrapolation line tracks at 35% above the HPI over time, until the February 2020 sale, where it falls to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 5 GALLERY LANE be worth now?

5 GALLERY LANE might now be worth an estimated £370,221.

This is based on house price inflation of 33.7%, between February 2020 and February 2025, for detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.7% inflationary increase is applied to the most recent sale price for 5 GALLERY LANE of £277,000 on 13th February 2020. For the value to have increased from £277,000 to £370,221 over the five years to February 2025, the following assumptions must hold true:

• The value of 5 GALLERY LANE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The February 2020 sale price of £277,000 represented a fair market value for the property.
• The size, condition, and specification of 5 GALLERY LANE has not materially changed since February 2020.

How Large is 5 GALLERY LANE?

5 GALLERY LANE is 107m², which includes two extensions, according to the EPC inspection conducted in July 2017. This puts it in the smallest 50% of detached houses houses in Holymoorside, based on EPC data. The below chart shows the distribution of detached houses houses by size in Holymoorside, and where 5 GALLERY LANE lies on this distribution: 44% of detached houses houses are smaller than 5 GALLERY LANE, and 54% of houses are larger. Note that EPC data is not available for all properties in Holymoorside.

5 GALLERY LANE: Plot and Title Map

5 GALLERY LANE sits on a plot of roughly 0.105 of an acre, or 425m². The below map shows the location of 5 GALLERY 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 5 GALLERY 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 5 GALLERY LANE?

5 GALLERY LANE is located in HOLYMOORSIDE, in the S42 postcode district. The below map shows the position of No. 5 on GALLERY LANE.