5, SCHOOL CROFT, RIDDINGS, ALFRETON, DE55 4EA - £450,000

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.

5 SCHOOL CROFT is a very large detached house of 271m², built sometime between 1983 and 1990, which could now be worth an estimated £745,014. It was last sold for £450,000 in June 2015, which was around 119% above the average June 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was C, and the potential energy rating was B.

5 SCHOOL CROFT Sold Prices

Land registry data shows two sales for 5 SCHOOL CROFT since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 5 SCHOOL CROFT 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
2015 2 JUN	£450,000	£205,294	119% above HPI
2002 9 SEP	£250,000	£116,448	115% above HPI

5 SCHOOL CROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 5 SCHOOL CROFT sales from September 2002 and June 2015 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 September 2002 sale was for 115% above the HPI. So the extrapolation line tracks at 115% above the HPI over time, until the June 2015 sale, where it rises to 119% above the HPI. The line then continues to track at 119% above the HPI.

What might 5 SCHOOL CROFT be worth now?

5 SCHOOL CROFT might now be worth an estimated £745,014.

This is based on house price inflation of 65.6%, between June 2015 and February 2025, for detached 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 65.6% inflationary increase is applied to the most recent sale price for 5 SCHOOL CROFT of £450,000 on 2nd June 2015. For the value to have increased from £450,000 to £745,014 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 5 SCHOOL CROFT has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2015 sale price of £450,000 represented a fair market value for the property.
• The size, condition, and specification of 5 SCHOOL CROFT has not materially changed since June 2015.

How Large is 5 SCHOOL CROFT?

5 SCHOOL CROFT is 271m² according to the EPC inspection conducted in July 2014. This puts it in the largest 10% of detached houses houses in Riddings, based on EPC data. The below chart shows the distribution of detached houses houses by size in Riddings, and where 5 SCHOOL CROFT lies on this distribution: 97% of detached houses houses are smaller than 5 SCHOOL CROFT, and 3% of houses are larger. Note that EPC data is not available for all properties in Riddings.

5 SCHOOL CROFT: Plot and Title Map

5 SCHOOL CROFT sits on a plot of roughly 0.285 of an acre, or 1,155m². The below map shows the location of 5 SCHOOL CROFT, 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 5 SCHOOL CROFT). 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 5 SCHOOL CROFT?

5 SCHOOL CROFT is located in RIDDINGS, in the DE55 postcode district. The below map shows the position of No. 5 on SCHOOL CROFT.