8, FERN LEA, SHIRLAND, ALFRETON, DE55 6EP - £166,000

8 FERN LEA is a very small detached house of 76m², built sometime between 2003 and 2006. It was last sold for £166,000 in January 2018, which was around 31% below the average January 2018 detached price in the North East Derbyshire local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

8 FERN LEA Sold Prices

Land registry data shows three sales for 8 FERN LEA since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the North East Derbyshire local authority area for the corresponding sale date. All of the three 8 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 10 JAN	£166,000	£239,091	31% below HPI
2014 24 JAN	£155,000	£205,691	25% below HPI
1997 27 JUN	£68,995	£70,784	3% below HPI

8 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 three 8 FERN LEA sales between June 1997 and January 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 January 2014 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the January 2018 sale, where it falls to 31% below the HPI. The line then continues to track at 31% below the HPI.

How Large is 8 FERN LEA?

8 FERN LEA is 76m² according to the EPC inspection conducted in February 2012. 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 8 FERN LEA lies on this distribution: 8% of detached houses are smaller than 8 FERN LEA, and 93% of houses are larger. Note that EPC data is not available for all properties in Shirland.

8 FERN LEA: Plot and Title Map

8 FERN LEA sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 8 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 8 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 8 FERN LEA?

8 FERN LEA is located in SHIRLAND, in the DE55 postcode district. The below map shows the position of No. 8 on FERN LEA.