8, BANK WOOD CLOSE, CHESTERFIELD, S41 8XQ - £430,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

8 BANK WOOD CLOSE is a very large extended detached house of 144m², built sometime between 1996 and 2002. It was last sold for £430,000 in October 2023, which was around 46% above the average October 2023 detached price in the Chesterfield local authority area. The most recent EPC inspection was June 2023, where the current energy rating was C, and the potential energy rating was B.

8 BANK WOOD CLOSE Sold Prices

Land registry data shows two sales for 8 BANK WOOD CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Chesterfield local authority area for the corresponding sale date. Both of the two 8 BANK WOOD CLOSE 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
2023 6 OCT	£430,000	£293,676	46% above HPI
1996 28 JUN	£94,000	£63,922	47% above HPI

8 BANK WOOD CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chesterfield local authority area over time, sourced from the HPI. The two 8 BANK WOOD CLOSE sales from June 1996 and October 2023 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 1996 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2023 sale, where it falls to 46% above the HPI. The line then continues to track at 46% above the HPI.

How Large is 8 BANK WOOD CLOSE?

8 BANK WOOD CLOSE is 144m², which includes one extension, according to the EPC inspection conducted in June 2023. This puts it in the largest 20% of detached houses in Chesterfield, based on EPC data. The below chart shows the distribution of detached houses by size in Chesterfield, and where 8 BANK WOOD CLOSE lies on this distribution: 84% of detached houses are smaller than 8 BANK WOOD CLOSE, and 16% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.

8 BANK WOOD CLOSE: Plot and Title Map

8 BANK WOOD CLOSE sits on a plot of roughly 0.090 of an acre, or 364m². The below map shows the location of 8 BANK WOOD CLOSE, 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 BANK WOOD CLOSE). 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 BANK WOOD CLOSE?

8 BANK WOOD CLOSE is located in CHESTERFIELD, in the S41 postcode district. The below map shows the position of No. 8 on BANK WOOD CLOSE.