VALLESA, DRAYCOTT ROAD, NORTH WINGFIELD, CHESTERFIELD, S42 5LN - £295,000

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.

VALLESA is a large extended detached house of 110m², built sometime between 1950 and 1966, which could now be worth an estimated £376,373. It was last sold for £295,000 in March 2021, which was around 6% above the average March 2021 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was September 2009, where the current energy rating was D, and the potential energy rating was C.

VALLESA Sold Prices

Land registry data shows three sales for VALLESA 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 VALLESA 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
2021 5 MAR	£295,000	£277,235	6% above HPI
2014 1 DEC	£225,000	£204,870	10% above HPI
2006 21 JUL	£240,000	£191,996	25% above HPI

VALLESA 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 VALLESA sales between July 2006 and March 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 December 2014 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the March 2021 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might VALLESA be worth now?

VALLESA might now be worth an estimated £376,373.

This is based on house price inflation of 27.6%, between March 2021 and March 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 27.6% inflationary increase is applied to the most recent sale price for VALLESA of £295,000 on 5th March 2021. For the value to have increased from £295,000 to £376,373 over the four years to March 2025, the following assumptions must hold true:

• The value of VALLESA has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The March 2021 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of VALLESA has not materially changed since March 2021.

How Large is VALLESA?

VALLESA is 110m², which includes one extension, according to the EPC inspection conducted in September 2009. This puts it in the largest 30% of detached houses houses in North Wingfield, based on EPC data. The below chart shows the distribution of detached houses houses by size in North Wingfield, and where VALLESA lies on this distribution: 79% of detached houses houses are smaller than VALLESA, and 21% of houses are larger. Note that EPC data is not available for all properties in North Wingfield.

VALLESA: Plot and Title Map

VALLESA sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of VALLESA, 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 VALLESA). 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 VALLESA?

VALLESA is located on DRAYCOTT ROAD in NORTH WINGFIELD, in the S42 postcode district. The below map shows the position of VALLESA on DRAYCOTT ROAD.