7, FERN LEA, SHIRLAND, ALFRETON, DE55 6EP - £237,000

7 FERN LEA is a very small extended detached house of 72m², built sometime between 1996 and 2002. It was last sold for £237,000 in October 2018, which was around 8% below the average October 2018 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was February 2015, where the current energy rating was D, and the potential energy rating was B.

7 FERN LEA Sold Prices

Land registry data shows seven sales for 7 FERN LEA since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. Most of the seven 7 FERN LEA 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
2018 5 OCT	£237,000	£256,573	8% below HPI
2015 17 JUL	£167,950	£210,556	20% below HPI
2005 25 FEB	£167,000	£171,300	3% below HPI
2001 5 MAR	£85,000	£90,272	6% below HPI
2000 28 APR	£85,500	£80,337	6% above HPI
1999 4 JUN	£73,000	£77,541	6% below HPI
1997 27 JUN	£64,995	£70,784	8% below HPI

7 FERN LEA 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 seven 7 FERN LEA sales between June 1997 and October 2018 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 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the October 2018 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

How Large is 7 FERN LEA?

7 FERN LEA is 72m², which includes one extension, according to the EPC inspection conducted in February 2015. This puts it in the smallest 10% of detached houses in Shirland, based on EPC data. The below chart shows the distribution of detached houses by size in Shirland, and where 7 FERN LEA lies on this distribution: 5% of detached houses are smaller than 7 FERN LEA, and 94% of houses are larger. Note that EPC data is not available for all properties in Shirland.

7 FERN LEA: Plot and Title Map

7 FERN LEA sits on a plot of roughly 0.124 of an acre, or 503m². The below map shows the location of 7 FERN LEA, 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 7 FERN LEA). 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 7 FERN LEA?

7 FERN LEA is located in SHIRLAND, in the DE55 postcode district. The below map shows the position of No. 7 on FERN LEA.