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 STRETTEA LANE is a very small detached house of 55m², built sometime between 1967 and 1975. It was last sold for £450,000 in June 2022, which was around 50% above the average June 2022 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was November 2013, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 8 STRETTEA LANE since 1st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. One of the two 8 STRETTEA LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2022 27 JUN | £450,000 | £299,812 | 50% above HPI |
2013 22 JUL | £124,950 | £190,244 | 34% below HPI |
The below graph shows the average detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The two 8 STRETTEA LANE sales from July 2013 and June 2022 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 July 2013 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the June 2022 sale, where it rises to 50% above the HPI. The line then continues to track at 50% above the HPI.
8 STRETTEA LANE is 55m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses in Higham, based on EPC data. The below chart shows the distribution of detached houses by size in Higham, and where 8 STRETTEA LANE lies on this distribution: Less than 1% of detached houses are smaller than 8 STRETTEA LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Higham.
8 STRETTEA LANE sits on a plot of roughly 0.191 of an acre, or 773m². The below map shows the location of 8 STRETTEA 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 8 STRETTEA 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.
8 STRETTEA LANE is located in HIGHAM, in the DE55 postcode district. The below map shows the position of No. 8 on STRETTEA LANE.