LABURNUM, DARK LANE, NORTH WINGFIELD, CHESTERFIELD, S42 5NQ - £175,000

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.

LABURNUM is a very small semi-detached house of 72m², built sometime between 1930 and 1949, which could now be worth an estimated £193,374. It was last sold for £175,000 in February 2023, which was around 16% below the average February 2023 semi-detached price in the North East Derbyshire local authority area. The most recent EPC inspection was May 2022, where the current energy rating was B, and the potential energy rating was B.

LABURNUM Sold Prices

Land registry data shows two sales for LABURNUM since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the North East Derbyshire local authority area for the corresponding sale date. Both of the two LABURNUM 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
2023 8 FEB	£175,000	£209,411	16% below HPI
2001 12 APR	£35,500	£55,003	35% below HPI

LABURNUM Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the North East Derbyshire local authority area over time, sourced from the HPI. The two LABURNUM sales from April 2001 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 April 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the February 2023 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might LABURNUM be worth now?

LABURNUM might now be worth an estimated £193,374.

This is based on house price inflation of 10.5%, between February 2023 and March 2025, for semi-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 10.5% inflationary increase is applied to the most recent sale price for LABURNUM of £175,000 on 8th February 2023. For the value to have increased from £175,000 to £193,374 over the one year and eleven months to March 2025, the following assumptions must hold true:

• The value of LABURNUM has moved in line with the HPI for semi-detached houses in the North East Derbyshire local authority area.
• The February 2023 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of LABURNUM has not materially changed since February 2023.

How Large is LABURNUM?

LABURNUM is 72m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 20% of semi-detached houses houses in North Wingfield, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in North Wingfield, and where LABURNUM lies on this distribution: 18% of semi-detached houses houses are smaller than LABURNUM, and 81% of houses are larger. Note that EPC data is not available for all properties in North Wingfield.

LABURNUM: Plot and Title Map

LABURNUM sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of LABURNUM, 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 LABURNUM). 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 LABURNUM?

LABURNUM is located on DARK LANE in NORTH WINGFIELD, in the S42 postcode district. The below map shows the position of LABURNUM on DARK LANE.