TWIN OAKS, NEWBOLD BACK LANE, CHESTERFIELD, S40 4RW - £280,000

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

TWIN OAKS is a large detached house of 137m², built sometime between 1976 and 1982. It was last sold for £280,000 in December 2020, which was around 10% above the average December 2020 detached price in the Chesterfield local authority area. The most recent EPC inspection was August 2019, where the current energy rating was D, and the potential energy rating was C.

TWIN OAKS Sold Prices

Land registry data shows four sales for TWIN OAKS since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Chesterfield local authority area for the corresponding sale date. All of the four TWIN OAKS 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
2020 18 DEC	£280,000	£255,532	10% above HPI
2014 17 APR	£205,000	£190,422	8% above HPI
1999 3 JUN	£118,000	£71,209	66% above HPI
1996 23 FEB	£98,000	£62,551	57% above HPI

TWIN OAKS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Chesterfield local authority area over time, sourced from the HPI. The four TWIN OAKS sales between February 1996 and December 2020 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 April 2014 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the December 2020 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

How Large is TWIN OAKS?

TWIN OAKS is 137m² according to the EPC inspection conducted in August 2019. This puts it in the largest 20% of detached houses in Chesterfield, based on EPC data. The below chart shows the distribution of detached houses by size in Chesterfield, and where TWIN OAKS lies on this distribution: 80% of detached houses are smaller than TWIN OAKS, and 19% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.

TWIN OAKS: Plot and Title Map

TWIN OAKS sits on a plot of roughly 0.155 of an acre, or 626m². The below map shows the location of TWIN OAKS, 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 TWIN OAKS). 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 TWIN OAKS?

TWIN OAKS is located on NEWBOLD BACK LANE in CHESTERFIELD, in the S40 postcode district. The below map shows the position of TWIN OAKS on NEWBOLD BACK LANE.