SCHOOL HOUSE, THE GREEN, WESSINGTON, ALFRETON, DE55 6DQ - £475,000

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.

SCHOOL HOUSE is a midsized extended detached house of 127m², built sometime from 2007 onwards, which could now be worth an estimated £558,544. It was last sold for £475,000 in April 2022, which was around 58% above the average April 2022 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was July 2012, where the current energy rating was C, and the potential energy rating was B.

SCHOOL HOUSE Sold Prices

Land registry data shows four sales for SCHOOL HOUSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the four SCHOOL HOUSE 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
2022 21 APR	£475,000	£301,309	58% above HPI
2016 19 AUG	£340,000	£227,129	50% above HPI
2013 18 MAR	£310,000	£179,685	73% above HPI
2010 3 MAR	£195,000	£193,307	1% above HPI

SCHOOL HOUSE 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 four SCHOOL HOUSE sales between March 2010 and April 2022 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 August 2016 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the April 2022 sale, where it rises to 58% above the HPI. The line then continues to track at 58% above the HPI.

What might SCHOOL HOUSE be worth now?

SCHOOL HOUSE might now be worth an estimated £558,544.

This is based on house price inflation of 17.6%, between April 2022 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 17.6% inflationary increase is applied to the most recent sale price for SCHOOL HOUSE of £475,000 on 21st April 2022. For the value to have increased from £475,000 to £558,544 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of SCHOOL HOUSE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The April 2022 sale price of £475,000 represented a fair market value for the property.
• The size, condition, and specification of SCHOOL HOUSE has not materially changed since April 2022.

How Large is SCHOOL HOUSE?

SCHOOL HOUSE is 127m², which includes one extension, according to the EPC inspection conducted in July 2012. This puts it in the largest 50% of detached houses houses in Wessington, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wessington, and where SCHOOL HOUSE lies on this distribution: 52% of detached houses houses are smaller than SCHOOL HOUSE, and 46% of houses are larger. Note that EPC data is not available for all properties in Wessington.

SCHOOL HOUSE: Plot and Title Map

SCHOOL HOUSE sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of SCHOOL HOUSE, 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 SCHOOL HOUSE). 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 SCHOOL HOUSE?

SCHOOL HOUSE is located on THE GREEN in WESSINGTON, in the DE55 postcode district. The below map shows the position of SCHOOL HOUSE on THE GREEN.