OAKSWOOD, WINGFIELD ROAD, OAKERTHORPE, ALFRETON, DE55 7LH - £460,000

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

OAKSWOOD is a large detached house of 222m², built sometime between 1967 and 1975, which could now be worth an estimated £636,092. It was last sold for £460,000 in October 2018, which was around 87% above the average October 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2018, where the current energy rating was B, and the potential energy rating was B.

OAKSWOOD Sold Prices

Land registry data shows two sales for OAKSWOOD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two OAKSWOOD 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	£460,000	£245,791	87% above HPI
2004 6 SEP	£360,000	£178,927	101% above HPI

OAKSWOOD 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 two OAKSWOOD sales from September 2004 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 September 2004 sale was for 101% above the HPI. So the extrapolation line tracks at 101% above the HPI over time, until the October 2018 sale, where it falls to 87% above the HPI. The line then continues to track at 87% above the HPI.

What might OAKSWOOD be worth now?

OAKSWOOD might now be worth an estimated £636,092.

This is based on house price inflation of 38.3%, between October 2018 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.3% inflationary increase is applied to the most recent sale price for OAKSWOOD of £460,000 on 17th October 2018. For the value to have increased from £460,000 to £636,092 over the seven years and eight months to February 2025, the following assumptions must hold true:

• The value of OAKSWOOD has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2018 sale price of £460,000 represented a fair market value for the property.
• The size, condition, and specification of OAKSWOOD has not materially changed since October 2018.

How Large is OAKSWOOD?

OAKSWOOD is 222m² according to the EPC inspection conducted in April 2018. This puts it in the largest 40% of detached houses houses in Oakerthorpe, based on EPC data. The below chart shows the distribution of detached houses houses by size in Oakerthorpe, and where OAKSWOOD lies on this distribution: 64% of detached houses houses are smaller than OAKSWOOD, and 36% of houses are larger. Note that EPC data is not available for all properties in Oakerthorpe.

OAKSWOOD: Plot and Title Map

OAKSWOOD sits on a plot of roughly 0.246 of an acre, or 997m². The below map shows the location of OAKSWOOD, 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 OAKSWOOD). 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 OAKSWOOD?

OAKSWOOD is located on WINGFIELD ROAD in OAKERTHORPE, in the DE55 postcode district. The below map shows the position of OAKSWOOD on WINGFIELD ROAD.