12, SETTS WAY, WINGERWORTH, CHESTERFIELD, S42 6NZ - £245,000

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.

12 SETTS WAY is a midsized extended detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £349,189. It was last sold for £245,000 in May 2020, which was around 1% below the average May 2020 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was February 2019, where the current energy rating was C, and the potential energy rating was B.

12 SETTS WAY Sold Prices

Land registry data shows three sales for 12 SETTS WAY 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 12 SETTS WAY 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
2020 20 MAY	£245,000	£248,589	1% below HPI
2009 6 NOV	£142,000	£197,017	28% below HPI
2004 22 SEP	£149,950	£174,997	14% below HPI

12 SETTS WAY 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 12 SETTS WAY sales between September 2004 and May 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 November 2009 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the May 2020 sale, where it rises to 1% below the HPI. The line then continues to track at 1% below the HPI.

What might 12 SETTS WAY be worth now?

12 SETTS WAY might now be worth an estimated £349,189.

This is based on house price inflation of 42.5%, between May 2020 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 42.5% inflationary increase is applied to the most recent sale price for 12 SETTS WAY of £245,000 on 20th May 2020. For the value to have increased from £245,000 to £349,189 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 12 SETTS WAY has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The May 2020 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 12 SETTS WAY has not materially changed since May 2020.

How Large is 12 SETTS WAY?

12 SETTS WAY is 113m², which includes two extensions, according to the EPC inspection conducted in February 2019. This puts it in the largest 50% of detached houses houses in Wingerworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Wingerworth, and where 12 SETTS WAY lies on this distribution: 52% of detached houses houses are smaller than 12 SETTS WAY, and 48% of houses are larger. Note that EPC data is not available for all properties in Wingerworth.

12 SETTS WAY: Plot and Title Map

12 SETTS WAY sits on a plot of roughly 0.071 of an acre, or 287m². The below map shows the location of 12 SETTS WAY, 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 12 SETTS WAY). 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 12 SETTS WAY?

12 SETTS WAY is located in WINGERWORTH, in the S42 postcode district. The below map shows the position of No. 12 on SETTS WAY.