58, SPITAL LANE, CHESTERFIELD, S41 0HJ - £120,000

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.

58 SPITAL LANE is a small extended terraced house of 84m², built sometime between 1900 and 1929, which could now be worth an estimated £124,558. It was last sold for £120,000 in February 2023, which was around 17% below the average February 2023 terraced price in the Chesterfield local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

58 SPITAL LANE Sold Prices

Land registry data shows four sales for 58 SPITAL LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Chesterfield local authority area for the corresponding sale date. The four 58 SPITAL LANE sales were a mix of below the average price, and roughly equal to 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
2023 6 FEB	£120,000	£143,937	17% below HPI
2015 31 JUL	£99,000	£99,988	1% below HPI
2014 4 JUL	£94,000	£98,310	4% below HPI
2013 16 JAN	£90,000	£89,828	Close to HPI

58 SPITAL LANE 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 four 58 SPITAL LANE sales between January 2013 and February 2023 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 2015 sale was for 1% below the HPI. So the extrapolation line tracks at 1% below the HPI over time, until the February 2023 sale, where it falls to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 58 SPITAL LANE be worth now?

58 SPITAL LANE might now be worth an estimated £124,558.

This is based on house price inflation of 3.8%, between February 2023 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 3.8% inflationary increase is applied to the most recent sale price for 58 SPITAL LANE of £120,000 on 6th February 2023. For the value to have increased from £120,000 to £124,558 over the one year and eight months to June 2025, the following assumptions must hold true:

• The value of 58 SPITAL LANE has moved in line with the HPI for terraced houses in the Chesterfield local authority area.
• The February 2023 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 58 SPITAL LANE has not materially changed since February 2023.

How Large is 58 SPITAL LANE?

58 SPITAL LANE is 84m², which includes two extensions, according to the EPC inspection conducted in November 2022. This puts it in the smallest 30% 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 58 SPITAL LANE lies on this distribution: 22% of terraced houses houses are smaller than 58 SPITAL LANE, and 77% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.

58 SPITAL LANE: Plot and Title Map

58 SPITAL LANE sits on a plot of roughly 0.073 of an acre, or 294m². The below map shows the location of 58 SPITAL LANE, 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 58 SPITAL LANE). 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 58 SPITAL LANE?

58 SPITAL LANE is located in CHESTERFIELD, in the S41 postcode district. The below map shows the position of No. 58 on SPITAL LANE.