ELMWOOD, MAIN ROAD, STRETTON, ALFRETON, DE55 6EW - £440,000

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

ELMWOOD is a very large extended detached house of 204m², built sometime between 1967 and 1975, which could now be worth an estimated £591,232. It was last sold for £440,000 in October 2018, which was around 71% above the average October 2018 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was March 2024, where the current energy rating was C, and the potential energy rating was C.

ELMWOOD Sold Prices

Land registry data shows five sales for ELMWOOD since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the five ELMWOOD 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
2018 17 OCT	£440,000	£257,904	71% above HPI
2014 23 MAY	£380,000	£204,735	86% above HPI
2010 23 APR	£250,000	£193,665	29% above HPI
2001 12 JAN	£145,000	£92,822	56% above HPI
1995 6 JAN	£80,000	£73,152	9% above HPI

ELMWOOD 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 five ELMWOOD sales between January 1995 and October 2018 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 May 2014 sale was for 86% above the HPI. So the extrapolation line tracks at 86% above the HPI over time, until the October 2018 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might ELMWOOD be worth now?

ELMWOOD might now be worth an estimated £591,232.

This is based on house price inflation of 34.4%, between October 2018 and December 2024, 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 34.4% inflationary increase is applied to the most recent sale price for ELMWOOD of £440,000 on 17th October 2018. For the value to have increased from £440,000 to £591,232 over the five years and ten months to December 2024, the following assumptions must hold true:

• The value of ELMWOOD has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The October 2018 sale price of £440,000 represented a fair market value for the property.
• The size, condition, and specification of ELMWOOD has not materially changed since October 2018.

How Large is ELMWOOD?

ELMWOOD is 204m², which includes three extensions, according to the EPC inspection conducted in March 2024. This puts it in the largest 10% 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 ELMWOOD lies on this distribution: 92% of detached houses houses are smaller than ELMWOOD, and 8% of houses are larger. Note that EPC data is not available for all properties in Stretton.

ELMWOOD: Plot and Title Map

ELMWOOD sits on a plot of roughly 0.278 of an acre, or 1,124m². The below map shows the location of ELMWOOD, 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 ELMWOOD). 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 ELMWOOD?

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