40, CHERRY TREE GROVE, NORTH WINGFIELD, CHESTERFIELD, S42 5QT - £112,000

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.

40 CHERRY TREE GROVE is a very small semi-detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £183,785. It was last sold for £112,000 in May 2007, which was around 20% below the average May 2007 semi-detached price in the North East Derbyshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was D, and the potential energy rating was C.

40 CHERRY TREE GROVE Sold Prices

Land registry data shows three sales for 40 CHERRY TREE GROVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the three 40 CHERRY TREE GROVE 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
2007 25 MAY	£112,000	£139,690	20% below HPI
2002 25 OCT	£66,950	£69,787	4% below HPI
1999 26 MAR	£43,750	£47,916	9% below HPI

40 CHERRY TREE GROVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The three 40 CHERRY TREE GROVE sales between March 1999 and May 2007 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 October 2002 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the May 2007 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 40 CHERRY TREE GROVE be worth now?

40 CHERRY TREE GROVE might now be worth an estimated £183,785.

This is based on house price inflation of 64.1%, between May 2007 and February 2025, for semi-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 64.1% inflationary increase is applied to the most recent sale price for 40 CHERRY TREE GROVE of £112,000 on 25th May 2007. For the value to have increased from £112,000 to £183,785 over the eighteen years and three months to February 2025, the following assumptions must hold true:

• The value of 40 CHERRY TREE GROVE has moved in line with the HPI for semi-detached houses in the North East Derbyshire local authority area.
• The May 2007 sale price of £112,000 represented a fair market value for the property.
• The size, condition, and specification of 40 CHERRY TREE GROVE has not materially changed since May 2007.

How Large is 40 CHERRY TREE GROVE?

40 CHERRY TREE GROVE is 72m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% of semi-detached houses houses in North Wingfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Wingfield, and where 40 CHERRY TREE GROVE lies on this distribution: 18% of semi-detached houses houses are smaller than 40 CHERRY TREE GROVE, and 82% of houses are larger. Note that EPC data is not available for all properties in North Wingfield.

40 CHERRY TREE GROVE: Plot and Title Map

40 CHERRY TREE GROVE sits on a plot of roughly 0.040 of an acre, or 161m². The below map shows the location of 40 CHERRY TREE GROVE, 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 40 CHERRY TREE GROVE). 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 40 CHERRY TREE GROVE?

40 CHERRY TREE GROVE is located in NORTH WINGFIELD, in the S42 postcode district. The below map shows the position of No. 40 on CHERRY TREE GROVE.