8, PARKWOOD CLOSE, ALFRETON, DE55 7PZ - £265,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

8 PARKWOOD CLOSE is a very small detached house of 85m². It was last sold for £265,000 in May 2024, which was around 19% below the average May 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2016, where the current energy rating was B, and the potential energy rating was A.

8 PARKWOOD CLOSE Sold Prices

Land registry data shows two sales for 8 PARKWOOD 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 Amber Valley local authority area for the corresponding sale date. Both of the two 8 PARKWOOD CLOSE 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
2024 17 MAY	£265,000	£328,873	19% below HPI
2016 28 OCT	£224,995	£231,597	3% below HPI

8 PARKWOOD CLOSE 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 8 PARKWOOD CLOSE sales from October 2016 and May 2024 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 October 2016 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the May 2024 sale, where it falls to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 8 PARKWOOD CLOSE?

8 PARKWOOD CLOSE is 85m² according to the EPC inspection conducted in October 2016. This puts it in the smallest 20% of detached houses in Alfreton, based on EPC data. The below chart shows the distribution of detached houses by size in Alfreton, and where 8 PARKWOOD CLOSE lies on this distribution: 16% of detached houses are smaller than 8 PARKWOOD CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Alfreton.

8 PARKWOOD CLOSE: Plot and Title Map

8 PARKWOOD CLOSE sits on a plot of roughly 0.077 of an acre, or 313m². The below map shows the location of 8 PARKWOOD 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 PARKWOOD 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 PARKWOOD CLOSE?

8 PARKWOOD CLOSE is located in ALFRETON, in the DE55 postcode district. The below map shows the position of No. 8 on PARKWOOD CLOSE.