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
81 SPITAL LANE is a very small detached house of 63m², built sometime between 1996 and 2002. It was last sold for £271,000 in March 2023, which was around 6% below the average March 2023 detached price in the Chesterfield local authority area. The most recent EPC inspection was April 2013, where the current energy rating was C, and the potential energy rating was B.
Land registry data shows six sales for 81 SPITAL LANE since 1st January 1995. The below table shows the price paid for the six sales, along with the average detached price in the Chesterfield local authority area for the corresponding sale date. All of the six 81 SPITAL LANE 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 |
---|---|---|---|
2023 29 MAR | £271,000 | £288,185 | 6% below HPI |
2020 17 NOV | £235,000 | £251,494 | 7% below HPI |
2017 1 DEC | £174,000 | £231,449 | 25% below HPI |
2017 30 NOV | £170,000 | £228,574 | 26% below HPI |
2000 11 OCT | £76,000 | £87,053 | 13% below HPI |
1998 30 OCT | £69,995 | £70,841 | 1% below HPI |
The below graph shows the average detached house price in the Chesterfield local authority area over time, sourced from the HPI. The six 81 SPITAL LANE sales between October 1998 and March 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 November 2020 sale was for 7% below the HPI. So the extrapolation line tracks at 7% below the HPI over time, until the March 2023 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.
81 SPITAL LANE is 63m² according to the EPC inspection conducted in April 2013. This puts it in the smallest 10% of detached houses in Chesterfield, based on EPC data. The below chart shows the distribution of detached houses by size in Chesterfield, and where 81 SPITAL LANE lies on this distribution: 5% of detached houses are smaller than 81 SPITAL LANE, and 95% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.
81 SPITAL LANE sits on a plot of roughly 0.049 of an acre, or 197m². The below map shows the location of 81 SPITAL 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 81 SPITAL 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.
81 SPITAL LANE is located in CHESTERFIELD, in the S41 postcode district. The below map shows the position of No. 81 on SPITAL LANE.