ELM VIEW, CHURCH LANE, MORTON, ALFRETON, DE55 6GU - £190,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

ELM VIEW is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £265,687. It was last sold for £190,000 in May 2019, which was around 25% below the average May 2019 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was D, and the potential energy rating was B.

ELM VIEW Sold Prices

Land registry data shows two sales for ELM VIEW 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 ELM VIEW 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
2019 24 MAY	£190,000	£253,372	25% below HPI
2014 18 DEC	£160,000	£204,870	22% below HPI

ELM VIEW 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 ELM VIEW sales from December 2014 and May 2019 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 2014 sale was for 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the May 2019 sale, where it falls to 25% below the HPI. The line then continues to track at 25% below the HPI.

What might ELM VIEW be worth now?

ELM VIEW might now be worth an estimated £265,687.

This is based on house price inflation of 39.8%, between May 2019 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 39.8% inflationary increase is applied to the most recent sale price for ELM VIEW of £190,000 on 24th May 2019. For the value to have increased from £190,000 to £265,687 over the six years and three months to February 2025, the following assumptions must hold true:

• The value of ELM VIEW has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The May 2019 sale price of £190,000 represented a fair market value for the property.
• The size, condition, and specification of ELM VIEW has not materially changed since May 2019.

How Large is ELM VIEW?

ELM VIEW is 74m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 20% of detached houses houses in Morton, based on EPC data. The below chart shows the distribution of detached houses houses by size in Morton, and where ELM VIEW lies on this distribution: 14% of detached houses houses are smaller than ELM VIEW, and 86% of houses are larger. Note that EPC data is not available for all properties in Morton.

ELM VIEW: Plot and Title Map

ELM VIEW sits on a plot of roughly 0.163 of an acre, or 660m². The below map shows the location of ELM VIEW, 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 ELM VIEW). 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 ELM VIEW?

ELM VIEW is located on CHURCH LANE in MORTON, in the DE55 postcode district. The below map shows the position of ELM VIEW on CHURCH LANE.