8, BANK STREET, CHESTERFIELD, S40 1BH - £135,000

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.

8 BANK STREET is a very small terraced house of 67m², built sometime between 1900 and 1929, which could now be worth an estimated £139,497. It was last sold for £135,000 in July 2022, which was around 7% below the average July 2022 terraced price in the Chesterfield local authority area. The most recent EPC inspection was May 2022, where the current energy rating was C, and the potential energy rating was B.

8 BANK STREET Sold Prices

Land registry data shows three sales for 8 BANK STREET 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 8 BANK STREET 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
2022 13 JUL	£135,000	£145,223	7% below HPI
2010 1 SEP	£90,500	£93,844	4% below HPI
2004 19 MAY	£53,000	£74,710	29% below HPI

8 BANK STREET 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 8 BANK STREET sales between May 2004 and July 2022 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 2010 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the July 2022 sale, where it falls to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 8 BANK STREET be worth now?

8 BANK STREET might now be worth an estimated £139,497.

This is based on house price inflation of 3.3%, between July 2022 and July 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 3.3% inflationary increase is applied to the most recent sale price for 8 BANK STREET of £135,000 on 13th July 2022. For the value to have increased from £135,000 to £139,497 over the three years to July 2025, the following assumptions must hold true:

• The value of 8 BANK STREET has moved in line with the HPI for terraced houses in the Chesterfield local authority area.
• The July 2022 sale price of £135,000 represented a fair market value for the property.
• The size, condition, and specification of 8 BANK STREET has not materially changed since July 2022.

How Large is 8 BANK STREET?

8 BANK STREET is 67m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% 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 8 BANK STREET lies on this distribution: 7% of terraced houses houses are smaller than 8 BANK STREET, and 93% of houses are larger. Note that EPC data is not available for all properties in Chesterfield.

8 BANK STREET: Plot and Title Map

8 BANK STREET sits on a plot of roughly 0.023 of an acre, or 95m². The below map shows the location of 8 BANK STREET, 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 8 BANK STREET). 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 8 BANK STREET?

8 BANK STREET is located in CHESTERFIELD, in the S40 postcode district. The below map shows the position of No. 8 on BANK STREET.