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

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 FERN LEA is a very small detached house of 76m², built sometime between 2003 and 2006, which could now be worth an estimated £222,321. 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	£240,332	31% below HPI
2014 24 JAN	£155,000	£206,758	25% below HPI
1997 27 JUN	£68,995	£71,151	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.

What might 8 FERN LEA be worth now?

8 FERN LEA might now be worth an estimated £222,321.

This is based on house price inflation of 33.9%, between January 2018 and July 2025, for detached houses, in the North East Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.9% inflationary increase is applied to the most recent sale price for 8 FERN LEA of £166,000 on 10th January 2018. For the value to have increased from £166,000 to £222,321 over the six years and six months to July 2025, the following assumptions must hold true:

• The value of 8 FERN LEA has moved in line with the HPI for detached houses in the North East Derbyshire local authority area.
• The January 2018 sale price of £166,000 represented a fair market value for the property.
• The size, condition, and specification of 8 FERN LEA has not materially changed since January 2018.

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 houses in Shirland, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shirland, and where 8 FERN LEA lies on this distribution: 7% of detached houses 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.