12, WEST STREET, RIDDINGS, ALFRETON, DE55 4EW - £90,000

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 WEST STREET is a very small extended terraced house of 49m², built sometime between 1900 and 1929, which could now be worth an estimated £102,304. It was last sold for £90,000 in June 2021, which was around 40% below the average June 2021 terraced price in the Amber Valley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was C, and the potential energy rating was B.

12 WEST STREET Sold Prices

Land registry data shows three sales for 12 WEST STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. All of the three 12 WEST STREET 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 4 JUN	£90,000	£149,558	40% below HPI
2001 23 FEB	£30,250	£40,133	25% below HPI
2000 21 DEC	£28,000	£39,069	28% below HPI

12 WEST STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Amber Valley local authority area over time, sourced from the HPI. The three 12 WEST STREET sales between December 2000 and June 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 February 2001 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the June 2021 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 12 WEST STREET be worth now?

12 WEST STREET might now be worth an estimated £102,304.

This is based on house price inflation of 13.7%, between June 2021 and June 2025, for terraced houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 12 WEST STREET of £90,000 on 4th June 2021. For the value to have increased from £90,000 to £102,304 over the four years to June 2025, the following assumptions must hold true:

• The value of 12 WEST STREET has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The June 2021 sale price of £90,000 represented a fair market value for the property.
• The size, condition, and specification of 12 WEST STREET has not materially changed since June 2021.

How Large is 12 WEST STREET?

12 WEST STREET is 49m², which includes one extension, according to the EPC inspection conducted in October 2020. This puts it in the smallest 10% of terraced houses houses in Riddings, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Riddings, and where 12 WEST STREET lies on this distribution: 1% of terraced houses houses are smaller than 12 WEST STREET, and 98% of houses are larger. Note that EPC data is not available for all properties in Riddings.

12 WEST STREET: Plot and Title Map

12 WEST STREET sits on a plot of roughly 0.031 of an acre, or 124m². The below map shows the location of 12 WEST STREET, 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 WEST STREET). 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 WEST STREET?

12 WEST STREET is located in RIDDINGS, in the DE55 postcode district. The below map shows the position of No. 12 on WEST STREET.