5, PARKHOUSE DRIVE, SOUTH NORMANTON, ALFRETON, DE55 3EN - £245,000

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 PARKHOUSE DRIVE is a midsized detached house of 106m², built sometime between 1976 and 1982, which could now be worth an estimated £456,727. It was last sold for £245,000 in January 2014, which was around 77% above the average January 2014 detached price in the Bolsover local authority area. The most recent EPC inspection was April 2013, where the current energy rating was E, and the potential energy rating was B.

5 PARKHOUSE DRIVE Sold Prices

Land registry data shows two sales for 5 PARKHOUSE 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 Bolsover local authority area for the corresponding sale date. One of the two 5 PARKHOUSE DRIVE sales was for above the average price, whilst the other was 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
2014 24 JAN	£245,000	£138,305	77% above HPI
2001 9 MAR	£60,000	£61,570	3% below HPI

5 PARKHOUSE DRIVE 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 5 PARKHOUSE DRIVE sales from March 2001 and January 2014 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 March 2001 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the January 2014 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 5 PARKHOUSE DRIVE be worth now?

5 PARKHOUSE DRIVE might now be worth an estimated £456,727.

This is based on house price inflation of 86.4%, between January 2014 and February 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 86.4% inflationary increase is applied to the most recent sale price for 5 PARKHOUSE DRIVE of £245,000 on 24th January 2014. For the value to have increased from £245,000 to £456,727 over the ten years and eleven months to February 2025, the following assumptions must hold true:

• The value of 5 PARKHOUSE DRIVE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The January 2014 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PARKHOUSE DRIVE has not materially changed since January 2014.

How Large is 5 PARKHOUSE DRIVE?

5 PARKHOUSE DRIVE is 106m² according to the EPC inspection conducted in April 2013. This puts it in the largest 50% 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 5 PARKHOUSE DRIVE lies on this distribution: 51% of detached houses houses are smaller than 5 PARKHOUSE DRIVE, and 47% of houses are larger. Note that EPC data is not available for all properties in South Normanton.

5 PARKHOUSE DRIVE: Plot and Title Map

5 PARKHOUSE DRIVE sits on a plot of roughly 0.329 of an acre, or 1,330m². The below map shows the location of 5 PARKHOUSE 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 5 PARKHOUSE 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 5 PARKHOUSE DRIVE?

5 PARKHOUSE DRIVE is located in SOUTH NORMANTON, in the DE55 postcode district. The below map shows the position of No. 5 on PARKHOUSE DRIVE.