7, CHADWICK NICK LANE, FRITCHLEY, BELPER, DE56 2HL - £398,000

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.

7 CHADWICK NICK LANE is a midsized detached house of 120m², built sometime between 1983 and 1990, which could now be worth an estimated £743,266. It was last sold for £398,000 in January 2009, which was around 121% above the average January 2009 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2008, where the current energy rating was D, and the potential energy rating was C.

7 CHADWICK NICK LANE Sold Prices

Land registry data shows two sales for 7 CHADWICK NICK 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 Amber Valley local authority area for the corresponding sale date. Both of the two 7 CHADWICK NICK 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
2009 30 JAN	£398,000	£179,708	121% above HPI
2001 22 AUG	£95,000	£92,659	3% above HPI

7 CHADWICK NICK 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 two 7 CHADWICK NICK LANE sales from August 2001 and January 2009 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 August 2001 sale was for 3% above the HPI. So the extrapolation line tracks at 3% above the HPI over time, until the January 2009 sale, where it rises to 121% above the HPI. The line then continues to track at 121% above the HPI.

What might 7 CHADWICK NICK LANE be worth now?

7 CHADWICK NICK LANE might now be worth an estimated £743,266.

This is based on house price inflation of 86.8%, between January 2009 and March 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 86.8% inflationary increase is applied to the most recent sale price for 7 CHADWICK NICK LANE of £398,000 on 30th January 2009. For the value to have increased from £398,000 to £743,266 over the fifteen years and ten months to March 2025, the following assumptions must hold true:

• The value of 7 CHADWICK NICK LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The January 2009 sale price of £398,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHADWICK NICK LANE has not materially changed since January 2009.

How Large is 7 CHADWICK NICK LANE?

7 CHADWICK NICK LANE is 120m² according to the EPC inspection conducted in October 2008. This puts it in the smallest 50% of detached houses houses in Fritchley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Fritchley, and where 7 CHADWICK NICK LANE lies on this distribution: 41% of detached houses houses are smaller than 7 CHADWICK NICK LANE, and 59% of houses are larger. Note that EPC data is not available for all properties in Fritchley.

7 CHADWICK NICK LANE: Plot and Title Map

7 CHADWICK NICK LANE sits on a plot of roughly 0.133 of an acre, or 540m². The below map shows the location of 7 CHADWICK NICK 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 7 CHADWICK NICK 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 7 CHADWICK NICK LANE?

7 CHADWICK NICK LANE is located in FRITCHLEY, in the DE56 postcode district. The below map shows the position of No. 7 on CHADWICK NICK LANE.