7, FARMHOUSE WAY, GRASSMOOR, CHESTERFIELD, S42 5FN - £170,000

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 FARMHOUSE WAY is a very small detached house of 69m², which could now be worth an estimated £214,487. It was last sold for £170,000 in February 2021, which was around 39% below the average February 2021 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was December 2019, where the current energy rating was B, and the potential energy rating was A.

7 FARMHOUSE WAY Sold Prices

Land registry data shows three sales for 7 FARMHOUSE WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the three 7 FARMHOUSE WAY 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
2021 12 FEB	£170,000	£280,818	39% below HPI
2020 16 DEC	£170,000	£280,739	39% below HPI
2019 13 DEC	£169,995	£259,830	35% below HPI

7 FARMHOUSE WAY 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 three 7 FARMHOUSE WAY sales between December 2019 and February 2021 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 2020 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the February 2021 sale, which was also at 39% below the HPI.

What might 7 FARMHOUSE WAY be worth now?

7 FARMHOUSE WAY might now be worth an estimated £214,487.

This is based on house price inflation of 26.2%, between February 2021 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 26.2% inflationary increase is applied to the most recent sale price for 7 FARMHOUSE WAY of £170,000 on 12th February 2021. For the value to have increased from £170,000 to £214,487 over the four years to February 2025, the following assumptions must hold true:

• The value of 7 FARMHOUSE WAY has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The February 2021 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 7 FARMHOUSE WAY has not materially changed since February 2021.

How Large is 7 FARMHOUSE WAY?

7 FARMHOUSE WAY is 69m² according to the EPC inspection conducted in December 2019. This puts it in the smallest 20% of detached houses houses in Grassmoor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Grassmoor, and where 7 FARMHOUSE WAY lies on this distribution: 16% of detached houses houses are smaller than 7 FARMHOUSE WAY, and 83% of houses are larger. Note that EPC data is not available for all properties in Grassmoor.

7 FARMHOUSE WAY: Plot and Title Map

7 FARMHOUSE WAY sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 7 FARMHOUSE WAY, 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 FARMHOUSE WAY). 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 FARMHOUSE WAY?

7 FARMHOUSE WAY is located in GRASSMOOR, in the S42 postcode district. The below map shows the position of No. 7 on FARMHOUSE WAY.