8, ALDER WAY, CRESWELL, WORKSOP, S80 4GW - £167,500

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.

8 ALDER WAY is a midsized detached house of 95m², built sometime between 2003 and 2006, which could now be worth an estimated £255,274. It was last sold for £167,500 in November 2017, which was around 1% below the average November 2017 detached price in the Bolsover local authority area. The most recent EPC inspection was June 2014, where the current energy rating was C, and the potential energy rating was B.

8 ALDER WAY Sold Prices

Land registry data shows three sales for 8 ALDER 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 Bolsover local authority area for the corresponding sale date. Two of the three 8 ALDER WAY sales were for below the average price, whilst one was 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
2017 24 NOV	£167,500	£169,175	1% below HPI
2014 5 SEP	£137,500	£144,689	5% below HPI
2007 20 DEC	£172,995	£159,603	8% above HPI

8 ALDER WAY 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 three 8 ALDER WAY sales between December 2007 and November 2017 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 September 2014 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the November 2017 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 8 ALDER WAY be worth now?

8 ALDER WAY might now be worth an estimated £255,274.

This is based on house price inflation of 52.4%, between November 2017 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 52.4% inflationary increase is applied to the most recent sale price for 8 ALDER WAY of £167,500 on 24th November 2017. For the value to have increased from £167,500 to £255,274 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 8 ALDER WAY has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The November 2017 sale price of £167,500 represented a fair market value for the property.
• The size, condition, and specification of 8 ALDER WAY has not materially changed since November 2017.

How Large is 8 ALDER WAY?

8 ALDER WAY is 95m² according to the EPC inspection conducted in June 2014. This puts it in the smallest 50% of detached houses houses in Creswell, based on EPC data. The below chart shows the distribution of detached houses houses by size in Creswell, and where 8 ALDER WAY lies on this distribution: 49% of detached houses houses are smaller than 8 ALDER WAY, and 50% of houses are larger. Note that EPC data is not available for all properties in Creswell.

8 ALDER WAY: Plot and Title Map

8 ALDER WAY sits on a plot of roughly 20.9 acres, or 84,756m². The below map shows the location of 8 ALDER 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 8 ALDER 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 8 ALDER WAY?

8 ALDER WAY is located in CRESWELL, in the S80 postcode district. The below map shows the position of No. 8 on ALDER WAY.