5, PROSPECT AVENUE, SOUTH NORMANTON, ALFRETON, DE55 2BA - £203,000

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 PROSPECT AVENUE is a midsized extended detached house of 111m², built sometime between 1967 and 1975, which could now be worth an estimated £340,724. It was last sold for £203,000 in September 2016, which was around 30% above the average September 2016 detached price in the Bolsover local authority area. The most recent EPC inspection was May 2016, where the current energy rating was C, and the potential energy rating was B.

5 PROSPECT AVENUE Sold Prices

Land registry data shows two sales for 5 PROSPECT AVENUE 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 5 PROSPECT AVENUE 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
2016 11 SEP	£203,000	£156,607	30% above HPI
1997 27 JUN	£64,950	£51,701	26% above HPI

5 PROSPECT AVENUE 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 PROSPECT AVENUE sales from June 1997 and September 2016 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 June 1997 sale was for 26% above the HPI. So the extrapolation line tracks at 26% above the HPI over time, until the September 2016 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 5 PROSPECT AVENUE be worth now?

5 PROSPECT AVENUE might now be worth an estimated £340,724.

This is based on house price inflation of 67.8%, between September 2016 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 67.8% inflationary increase is applied to the most recent sale price for 5 PROSPECT AVENUE of £203,000 on 11th September 2016. For the value to have increased from £203,000 to £340,724 over the nine years and six months to March 2025, the following assumptions must hold true:

• The value of 5 PROSPECT AVENUE has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The September 2016 sale price of £203,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PROSPECT AVENUE has not materially changed since September 2016.

How Large is 5 PROSPECT AVENUE?

5 PROSPECT AVENUE is 111m², which includes one extension, according to the EPC inspection conducted in May 2016. 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 PROSPECT AVENUE lies on this distribution: 59% of detached houses houses are smaller than 5 PROSPECT AVENUE, and 40% of houses are larger. Note that EPC data is not available for all properties in South Normanton.

5 PROSPECT AVENUE: Plot and Title Map

5 PROSPECT AVENUE sits on a plot of roughly 0.102 of an acre, or 412m². The below map shows the location of 5 PROSPECT AVENUE, 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 PROSPECT AVENUE). 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 PROSPECT AVENUE?

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