15, NEW STREET, HIGHAM, ALFRETON, DE55 6BP - £95,000

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.

15 NEW STREET is a very small terraced house of 85m², built sometime between 1900 and 1929, which could now be worth an estimated £115,044. It was last sold for £95,000 in August 2020, which was around 31% below the average August 2020 terraced price in the North East Derbyshire local authority area. The most recent EPC inspection was September 2014, where the current energy rating was C, and the potential energy rating was B.

15 NEW STREET Sold Prices

Land registry data shows four sales for 15 NEW STREET since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North East Derbyshire local authority area for the corresponding sale date. All of the four 15 NEW 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
2020 21 AUG	£95,000	£137,838	31% below HPI
2016 8 JAN	£75,000	£115,321	35% below HPI
2004 16 DEC	£83,000	£92,249	10% below HPI
1996 27 NOV	£31,750	£33,672	6% below HPI

15 NEW STREET Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North East Derbyshire local authority area over time, sourced from the HPI. The four 15 NEW STREET sales between November 1996 and August 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 January 2016 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the August 2020 sale, where it rises to 31% below the HPI. The line then continues to track at 31% below the HPI.

What might 15 NEW STREET be worth now?

15 NEW STREET might now be worth an estimated £115,044.

This is based on house price inflation of 21.1%, between August 2020 and July 2025, for terraced 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 21.1% inflationary increase is applied to the most recent sale price for 15 NEW STREET of £95,000 on 21st August 2020. For the value to have increased from £95,000 to £115,044 over the five years and one month to July 2025, the following assumptions must hold true:

• The value of 15 NEW STREET has moved in line with the HPI for terraced houses in the North East Derbyshire local authority area.
• The August 2020 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NEW STREET has not materially changed since August 2020.

How Large is 15 NEW STREET?

15 NEW STREET is 85m² according to the EPC inspection conducted in September 2014. This puts it in the smallest 10% of terraced houses houses in Higham, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Higham, and where 15 NEW STREET lies on this distribution: 7% of terraced houses houses are smaller than 15 NEW STREET, and 90% of houses are larger. Note that EPC data is not available for all properties in Higham.

15 NEW STREET: Plot and Title Map

15 NEW STREET sits on a plot of roughly 0.029 of an acre, or 116m². The below map shows the location of 15 NEW 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 15 NEW 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 15 NEW STREET?

15 NEW STREET is located in HIGHAM, in the DE55 postcode district. The below map shows the position of No. 15 on NEW STREET.