REDROOFS, MAIN ROAD, STRETTON, ALFRETON, DE55 6EW - £400,000

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.

REDROOFS is a large extended detached house of 161m², built sometime between 1996 and 2002, which could now be worth an estimated £692,226. It was last sold for £400,000 in July 2007, which was around 95% above the average July 2007 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was September 2015, where the current energy rating was C, and the potential energy rating was B.

REDROOFS Sold Prices

Land registry data shows two sales for REDROOFS 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 REDROOFS 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
2007 20 JUL	£400,000	£204,733	95% above HPI
2004 16 JAN	£299,000	£145,603	105% above HPI

REDROOFS 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 REDROOFS sales from January 2004 and July 2007 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 January 2004 sale was for 105% above the HPI. So the extrapolation line tracks at 105% above the HPI over time, until the July 2007 sale, where it falls to 95% above the HPI. The line then continues to track at 95% above the HPI.

What might REDROOFS be worth now?

REDROOFS might now be worth an estimated £692,226.

This is based on house price inflation of 73.1%, between July 2007 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 73.1% inflationary increase is applied to the most recent sale price for REDROOFS of £400,000 on 20th July 2007. For the value to have increased from £400,000 to £692,226 over the eighteen years and five months to February 2025, the following assumptions must hold true:

• The value of REDROOFS has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The July 2007 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of REDROOFS has not materially changed since July 2007.

How Large is REDROOFS?

REDROOFS is 161m², which includes two extensions, according to the EPC inspection conducted in September 2015. This puts it in the largest 40% 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 REDROOFS lies on this distribution: 64% of detached houses houses are smaller than REDROOFS, and 36% of houses are larger. Note that EPC data is not available for all properties in Stretton.

REDROOFS: Plot and Title Map

REDROOFS sits on a plot of roughly 0.183 of an acre, or 741m². The below map shows the location of REDROOFS, 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 REDROOFS). 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 REDROOFS?

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