THE NOOK, TAVISTOCK SQUARE, ALFRETON, DE55 7FE - £159,000

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 detached house of 55m², built sometime between 1996 and 2002. It was last sold for £159,000 in December 2021, which was around 46% below the average December 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

THE NOOK Sold Prices

Land registry data shows two sales for THE NOOK 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 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
2021 3 DEC	£159,000	£295,462	46% below HPI
2021 4 JUN	£150,000	£291,150	48% below HPI

THE NOOK 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 THE NOOK sales from June 2021 and December 2021 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 2021 sale was for 48% below the HPI. So the extrapolation line tracks at 48% below the HPI over time, until the December 2021 sale, where it rises to 46% below the HPI. The line then continues to track at 46% below the HPI.

How Large is THE NOOK?

THE NOOK is 55m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 10% of detached houses in Alfreton, based on EPC data. The below chart shows the distribution of detached houses by size in Alfreton, and where THE NOOK lies on this distribution: 1% of detached houses are smaller than THE NOOK, and 99% of houses are larger. Note that EPC data is not available for all properties in Alfreton.

THE NOOK: Plot and Title Map

THE NOOK sits on a plot of roughly 0.140 of an acre, or 565m². 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 TAVISTOCK SQUARE in ALFRETON, in the DE55 postcode district. The below map shows the position of THE NOOK on TAVISTOCK SQUARE.