TWENTYSTEPS, CARR LANE, SOUTH NORMANTON, ALFRETON, DE55 2DN - £240,000

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.

TWENTYSTEPS is a very small detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £251,750. It was last sold for £240,000 in December 2022, which was around 2% below the average December 2022 detached price in the Bolsover local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

TWENTYSTEPS Sold Prices

Land registry data shows two sales for TWENTYSTEPS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Bolsover local authority area for the corresponding sale date. One of the two TWENTYSTEPS sales was for below the average price, whilst the other was for above 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 20 DEC	£240,000	£245,793	2% below HPI
2013 21 FEB	£154,000	£125,797	22% above HPI

TWENTYSTEPS Price Paid vs. HPI Average

The below graph shows the average detached house price in the Bolsover local authority area over time, sourced from the HPI. The two TWENTYSTEPS sales from February 2013 and December 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 February 2013 sale was for 22% above the HPI. So the extrapolation line tracks at 22% above the HPI over time, until the December 2022 sale, where it falls to 2% below the HPI. The line then continues to track at 2% below the HPI.

What might TWENTYSTEPS be worth now?

TWENTYSTEPS might now be worth an estimated £251,750.

This is based on house price inflation of 4.9%, between December 2022 and February 2025, for detached houses, in the Bolsover local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.9% inflationary increase is applied to the most recent sale price for TWENTYSTEPS of £240,000 on 20th December 2022. For the value to have increased from £240,000 to £251,750 over the three years and ten months to February 2025, the following assumptions must hold true:

• The value of TWENTYSTEPS has moved in line with the HPI for detached houses in the Bolsover local authority area.
• The December 2022 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of TWENTYSTEPS has not materially changed since December 2022.

How Large is TWENTYSTEPS?

TWENTYSTEPS is 74m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 20% of detached houses houses in South Normanton, based on EPC data. The below chart shows the distribution of detached houses houses by size in South Normanton, and where TWENTYSTEPS lies on this distribution: 17% of detached houses houses are smaller than TWENTYSTEPS, and 82% of houses are larger. Note that EPC data is not available for all properties in South Normanton.

TWENTYSTEPS: Plot and Title Map

TWENTYSTEPS sits on a plot of roughly 0.121 of an acre, or 489m². The below map shows the location of TWENTYSTEPS, 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 TWENTYSTEPS). 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 TWENTYSTEPS?

TWENTYSTEPS is located on CARR LANE in SOUTH NORMANTON, in the DE55 postcode district. The below map shows the position of TWENTYSTEPS on CARR LANE.