BROOM, MAIN ROAD, STRETTON, ALFRETON, DE55 6FB - £220,000

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.

BROOM is a very small extended detached house of 85m², built sometime between 1950 and 1966, which could now be worth an estimated £364,473. It was last sold for £220,000 in August 2014, which was around 3% above the average August 2014 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was May 2014, where the current energy rating was D, and the potential energy rating was B.

BROOM Sold Prices

Land registry data shows two sales for BROOM 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. Both of the two BROOM 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
2014 15 AUG	£220,000	£213,862	3% above HPI
2008 18 DEC	£198,500	£194,229	2% above HPI

BROOM 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 BROOM sales from December 2008 and August 2014 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 December 2008 sale was for 2% above the HPI. So the extrapolation line tracks at 2% above the HPI over time, until the August 2014 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might BROOM be worth now?

BROOM might now be worth an estimated £364,473.

This is based on house price inflation of 65.7%, between August 2014 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 65.7% inflationary increase is applied to the most recent sale price for BROOM of £220,000 on 15th August 2014. For the value to have increased from £220,000 to £364,473 over the eleven years and six months to February 2025, the following assumptions must hold true:

• The value of BROOM has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The August 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of BROOM has not materially changed since August 2014.

How Large is BROOM?

BROOM is 85m², which includes one extension, according to the EPC inspection conducted in May 2014. This puts it in the smallest 20% of detached houses houses in Stretton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stretton, and where BROOM lies on this distribution: 14% of detached houses houses are smaller than BROOM, and 86% of houses are larger. Note that EPC data is not available for all properties in Stretton.

BROOM: Plot and Title Map

BROOM sits on a plot of roughly 0.233 of an acre, or 943m². The below map shows the location of BROOM, 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 BROOM). 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 BROOM?

BROOM is located on MAIN ROAD in STRETTON, in the DE55 postcode district. The below map shows the position of BROOM on MAIN ROAD.