BANK HOUSE, CHESTERFIELD ROAD, ALFRETON, DE55 7DT - £445,000

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

BANK HOUSE is a very large extended detached house of 202m², built sometime between 1930 and 1949. It was last sold for £445,000 in February 2021, which was around 57% above the average February 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was F, and the potential energy rating was C.

BANK HOUSE Sold Prices

Land registry data shows three sales for BANK HOUSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three BANK HOUSE 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
2021 5 FEB	£445,000	£284,150	57% above HPI
2002 1 OCT	£215,000	£122,773	75% above HPI
2000 8 AUG	£200,000	£84,838	136% above HPI

BANK HOUSE 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 three BANK HOUSE sales between August 2000 and February 2021 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 2002 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the February 2021 sale, where it falls to 57% above the HPI. The line then continues to track at 57% above the HPI.

How Large is BANK HOUSE?

BANK HOUSE is 202m², which includes two extensions, according to the EPC inspection conducted in July 2019. This puts it in the largest 10% of detached houses in Alfreton, based on EPC data. The below chart shows the distribution of detached houses by size in Alfreton, and where BANK HOUSE lies on this distribution: 95% of detached houses are smaller than BANK HOUSE, and 5% of houses are larger. Note that EPC data is not available for all properties in Alfreton.

BANK HOUSE: Plot and Title Map

BANK HOUSE sits on a plot of roughly 0.397 of an acre, or 1,607m². The below map shows the location of BANK HOUSE, 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 BANK HOUSE). 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 BANK HOUSE?

BANK HOUSE is located on CHESTERFIELD ROAD in ALFRETON, in the DE55 postcode district. The below map shows the position of BANK HOUSE on CHESTERFIELD ROAD.