WELLAND, NORTH STREET, NORTH WINGFIELD, CHESTERFIELD, S42 5JL - £140,000

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.

WELLAND is a small detached house of 82m², built sometime between 1983 and 1990, which could now be worth an estimated £255,127. It was last sold for £140,000 in December 2009, which was around 28% below the average December 2009 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was April 2015, where the current energy rating was B, and the potential energy rating was B.

WELLAND Sold Prices

Land registry data shows three sales for WELLAND 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 WELLAND 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
2009 4 DEC	£140,000	£194,423	28% below HPI
1998 30 SEP	£57,000	£80,134	29% below HPI
1998 30 JAN	£64,950	£74,477	13% below HPI

WELLAND 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 WELLAND sales between January 1998 and December 2009 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 September 1998 sale was for 29% below the HPI. So the extrapolation line tracks at 29% below the HPI over time, until the December 2009 sale, where it rises to 28% below the HPI. The line then continues to track at 28% below the HPI.

What might WELLAND be worth now?

WELLAND might now be worth an estimated £255,127.

This is based on house price inflation of 82.2%, between December 2009 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 82.2% inflationary increase is applied to the most recent sale price for WELLAND of £140,000 on 4th December 2009. For the value to have increased from £140,000 to £255,127 over the sixteen years and ten months to February 2025, the following assumptions must hold true:

• The value of WELLAND has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The December 2009 sale price of £140,000 represented a fair market value for the property.
• The size, condition, and specification of WELLAND has not materially changed since December 2009.

How Large is WELLAND?

WELLAND is 82m² according to the EPC inspection conducted in April 2015. This puts it in the smallest 40% 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 WELLAND lies on this distribution: 40% of detached houses houses are smaller than WELLAND, and 59% of houses are larger. Note that EPC data is not available for all properties in North Wingfield.

WELLAND: Plot and Title Map

WELLAND sits on a plot of roughly 0.112 of an acre, or 453m². The below map shows the location of WELLAND, 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 WELLAND). 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 WELLAND?

WELLAND is located on NORTH STREET in NORTH WINGFIELD, in the S42 postcode district. The below map shows the position of WELLAND on NORTH STREET.