48, LAKESIDE CLOSE, OLD WHITTINGTON, CHESTERFIELD, S41 9TD - £195,000

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.

48 LAKESIDE CLOSE is a very small terraced house of 79m², built sometime between 1996 and 2002, which could now be worth an estimated £248,296. It was last sold for £195,000 in June 2020, which was around 66% above the average June 2020 terraced price in the Chesterfield local authority area. The most recent EPC inspection was October 2019, where the current energy rating was C, and the potential energy rating was B.

48 LAKESIDE CLOSE Sold Prices

Land registry data shows three sales for 48 LAKESIDE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Chesterfield local authority area for the corresponding sale date. All of the three 48 LAKESIDE CLOSE sales were for above 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 5 JUN	£195,000	£117,335	66% above HPI
2014 12 DEC	£155,000	£96,922	60% above HPI
2000 29 SEP	£86,450	£36,280	138% above HPI

48 LAKESIDE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Chesterfield local authority area over time, sourced from the HPI. The three 48 LAKESIDE CLOSE sales between September 2000 and June 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 December 2014 sale was for 60% above the HPI. So the extrapolation line tracks at 60% above the HPI over time, until the June 2020 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 48 LAKESIDE CLOSE be worth now?

48 LAKESIDE CLOSE might now be worth an estimated £248,296.

This is based on house price inflation of 27.3%, between June 2020 and June 2025, for terraced houses, in the Chesterfield local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 27.3% inflationary increase is applied to the most recent sale price for 48 LAKESIDE CLOSE of £195,000 on 5th June 2020. For the value to have increased from £195,000 to £248,296 over the five years to June 2025, the following assumptions must hold true:

• The value of 48 LAKESIDE CLOSE has moved in line with the HPI for terraced houses in the Chesterfield local authority area.
• The June 2020 sale price of £195,000 represented a fair market value for the property.
• The size, condition, and specification of 48 LAKESIDE CLOSE has not materially changed since June 2020.

How Large is 48 LAKESIDE CLOSE?

48 LAKESIDE CLOSE is 79m² according to the EPC inspection conducted in October 2019. This puts it in the smallest 20% of terraced houses houses in Chesterfield, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Chesterfield, and where 48 LAKESIDE CLOSE lies on this distribution: 17% of terraced houses houses are smaller than 48 LAKESIDE CLOSE, and 82% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.

48 LAKESIDE CLOSE: Plot and Title Map

48 LAKESIDE CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 48 LAKESIDE 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 48 LAKESIDE 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 48 LAKESIDE CLOSE?

48 LAKESIDE CLOSE is located in OLD WHITTINGTON, in the S41 postcode district. The below map shows the position of No. 48 on LAKESIDE CLOSE.