8, STRETTEA LANE, HIGHAM, ALFRETON, DE55 6BQ - £450,000

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.

8 STRETTEA LANE is a very small detached house of 55m², built sometime between 1967 and 1975, which could now be worth an estimated £529,045. It was last sold for £450,000 in June 2022, which was around 49% 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.

8 STRETTEA LANE Sold Prices

Land registry data shows two sales for 8 STRETTEA LANE since 1^st 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	£301,367	49% above HPI
2013 22 JUL	£124,950	£191,230	35% below HPI

8 STRETTEA LANE 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 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 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2022 sale, where it rises to 49% above the HPI. The line then continues to track at 49% above the HPI.

What might 8 STRETTEA LANE be worth now?

8 STRETTEA LANE might now be worth an estimated £529,045.

This is based on house price inflation of 17.6%, between June 2022 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 17.6% inflationary increase is applied to the most recent sale price for 8 STRETTEA LANE of £450,000 on 27th June 2022. For the value to have increased from £450,000 to £529,045 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 8 STRETTEA LANE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The June 2022 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 8 STRETTEA LANE has not materially changed since June 2022.

How Large is 8 STRETTEA LANE?

8 STRETTEA LANE is 55m² according to the EPC inspection conducted in November 2013. This puts it in the smallest 10% of detached houses houses in Higham, based on EPC data. The below chart shows the distribution of detached houses houses by size in Higham, and where 8 STRETTEA LANE lies on this distribution: Less than 1% of detached houses 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: Plot and Title Map

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.

Where is 8 STRETTEA LANE?

8 STRETTEA LANE is located in HIGHAM, in the DE55 postcode district. The below map shows the position of No. 8 on STRETTEA LANE.