3, SCHOOL CLOSE, STONEBROOM, ALFRETON, DE55 6LP - £197,500

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.

3 SCHOOL CLOSE is a very small detached house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £217,644. It was last sold for £197,500 in January 2024, which was around 36% below the average January 2024 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was May 2023, where the current energy rating was D, and the potential energy rating was B.

3 SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 3 SCHOOL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. Both of the two 3 SCHOOL CLOSE 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
2024 16 JAN	£197,500	£309,864	36% below HPI
2020 17 JUL	£145,000	£262,702	45% below HPI

3 SCHOOL CLOSE 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 two 3 SCHOOL CLOSE sales from July 2020 and January 2024 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 July 2020 sale was for 45% below the HPI. So the extrapolation line tracks at 45% below the HPI over time, until the January 2024 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.

What might 3 SCHOOL CLOSE be worth now?

3 SCHOOL CLOSE might now be worth an estimated £217,644.

This is based on house price inflation of 10.2%, between January 2024 and April 2026, 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 10.2% inflationary increase is applied to the most recent sale price for 3 SCHOOL CLOSE of £197,500 on 16th January 2024. For the value to have increased from £197,500 to £217,644 over the one year and nine months to April 2026, the following assumptions must hold true:

• The value of 3 SCHOOL CLOSE has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The January 2024 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 3 SCHOOL CLOSE has not materially changed since January 2024.

How Large is 3 SCHOOL CLOSE?

3 SCHOOL CLOSE is 58m² according to the EPC inspection conducted in May 2023. This puts it in the smallest 10% of detached houses houses in Stonebroom, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stonebroom, and where 3 SCHOOL CLOSE lies on this distribution: Less than 1% of detached houses houses are smaller than 3 SCHOOL CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Stonebroom.

3 SCHOOL CLOSE: Plot and Title Map

3 SCHOOL CLOSE sits on a plot of roughly 0.062 of an acre, or 249m². The below map shows the location of 3 SCHOOL CLOSE, 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 3 SCHOOL CLOSE). 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 3 SCHOOL CLOSE?

3 SCHOOL CLOSE is located in STONEBROOM, in the DE55 postcode district. The below map shows the position of No. 3 on SCHOOL CLOSE.