HIGH TREES, MANSFIELD ROAD, HEATH, CHESTERFIELD, S44 5SB - £350,000

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.

HIGH TREES is a very small detached house of 106m², built sometime between 1950 and 1966, which could now be worth an estimated £443,915. It was last sold for £350,000 in October 2020, which was around 25% above the average October 2020 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was July 2020, where the current energy rating was E, and the potential energy rating was B.

HIGH TREES Sold Prices

Land registry data shows two sales for HIGH TREES 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 HIGH TREES 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
2020 16 OCT	£350,000	£279,347	25% above HPI
2006 8 JUN	£278,000	£189,079	47% above HPI

HIGH TREES 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 HIGH TREES sales from June 2006 and October 2020 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 June 2006 sale was for 47% above the HPI. So the extrapolation line tracks at 47% above the HPI over time, until the October 2020 sale, where it falls to 25% above the HPI. The line then continues to track at 25% above the HPI.

What might HIGH TREES be worth now?

HIGH TREES might now be worth an estimated £443,915.

This is based on house price inflation of 26.8%, between October 2020 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 26.8% inflationary increase is applied to the most recent sale price for HIGH TREES of £350,000 on 16th October 2020. For the value to have increased from £350,000 to £443,915 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of HIGH TREES has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The October 2020 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of HIGH TREES has not materially changed since October 2020.

How Large is HIGH TREES?

HIGH TREES is 106m² according to the EPC inspection conducted in July 2020. This puts it in the smallest 20% of detached houses houses in Heath, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heath, and where HIGH TREES lies on this distribution: 18% of detached houses houses are smaller than HIGH TREES, and 78% of houses are larger. Note that EPC data is not available for all properties in Heath.

HIGH TREES: Plot and Title Map

HIGH TREES sits on a plot of roughly 0.256 of an acre, or 1,038m². The below map shows the location of HIGH TREES, 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 HIGH TREES). 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 HIGH TREES?

HIGH TREES is located on MANSFIELD ROAD in HEATH, in the S44 postcode district. The below map shows the position of HIGH TREES on MANSFIELD ROAD.