THE NOOK, MAIN ROAD, STRETTON, ALFRETON, DE55 6EW - £290,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

THE NOOK is a very small extended detached house of 83m², built sometime between 1930 and 1949. It was last sold for £290,000 in November 2022, which was around 7% below the average November 2022 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was December 2021, where the current energy rating was D, and the potential energy rating was B.

THE NOOK Sold Prices

Land registry data shows three sales for THE NOOK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the three THE NOOK sales were for below 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 NOV	£290,000	£311,017	7% below HPI
2000 17 FEB	£76,500	£81,333	6% below HPI
1995 16 OCT	£60,000	£66,308	10% below HPI

THE NOOK 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 three THE NOOK sales between October 1995 and November 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 February 2000 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the November 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

How Large is THE NOOK?

THE NOOK is 83m², which includes one extension, according to the EPC inspection conducted in December 2021. This puts it in the smallest 10% of detached houses in Stretton, based on EPC data. The below chart shows the distribution of detached houses by size in Stretton, and where THE NOOK lies on this distribution: 8% of detached houses are smaller than THE NOOK, and 92% of houses are larger. Note that EPC data is not available for all properties in Stretton.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.262 of an acre, or 1,062m². The below map shows the location of THE NOOK, 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 THE NOOK). 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 THE NOOK?

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