59, GREENHILL LANE, RIDDINGS, ALFRETON, DE55 4AY - £129,500

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.

59 GREENHILL LANE is a midsized detached house of 78m², built sometime before 1900, which could now be worth an estimated £243,194. It was last sold for £129,500 in February 2012, which was around 28% below the average February 2012 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2010, where the current energy rating was F, and the potential energy rating was E.

59 GREENHILL LANE Sold Prices

Land registry data shows three sales for 59 GREENHILL LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 59 GREENHILL LANE 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
2012 6 FEB	£129,500	£180,986	28% below HPI
2005 16 DEC	£96,600	£176,980	45% below HPI
2003 29 AUG	£93,000	£146,292	36% below HPI

59 GREENHILL LANE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 59 GREENHILL LANE sales between August 2003 and February 2012 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 2005 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the February 2012 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might 59 GREENHILL LANE be worth now?

59 GREENHILL LANE might now be worth an estimated £243,194.

This is based on house price inflation of 87.8%, between February 2012 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.8% inflationary increase is applied to the most recent sale price for 59 GREENHILL LANE of £129,500 on 6th February 2012. For the value to have increased from £129,500 to £243,194 over the thirteen years to February 2025, the following assumptions must hold true:

• The value of 59 GREENHILL LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2012 sale price of £129,500 represented a fair market value for the property.
• The size, condition, and specification of 59 GREENHILL LANE has not materially changed since February 2012.

How Large is 59 GREENHILL LANE?

59 GREENHILL LANE is 78m² according to the EPC inspection conducted in August 2010. This puts it in the smallest 50% of detached houses houses in Riddings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Riddings, and where 59 GREENHILL LANE lies on this distribution: 42% of detached houses houses are smaller than 59 GREENHILL LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Riddings.

59 GREENHILL LANE: Plot and Title Map

59 GREENHILL LANE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 59 GREENHILL 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 59 GREENHILL 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 59 GREENHILL LANE?

59 GREENHILL LANE is located in RIDDINGS, in the DE55 postcode district. The below map shows the position of No. 59 on GREENHILL LANE.