Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX

Detached
4
1485 sq ft
13.8%
PROPERTY VALUATION
£
Last sold: September 2020
INVESTMENT PERFORMANCE
Investment return: 3.0% per year throughout 2008 - 2020
PRICE CHANGE
£63,000
Percentage change: +13.8%
REFINE VALUATION

Property summary Last updated: 03/05/2024

Last updated: 03/05/2024

Chantry Barn, Main Street is a 4 bedroom detached house spread over 1,485 square feet, making it one of the bigger properties here - it is ranked as the 7th most expensive property* in DE73 8BX, with a valuation of £518,000.

Since it last sold in September 2020 for £455,000, its value has increased by £63,000.

Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Derby (1 of 12 - keep reading for more)

We expect this property to be in a reasonable condition based on its price per square foot.

  • The latest sale in DE73 8BX went for £775k on 18 Dec 2023.
  • The average current property value here is £509,000.
  • 5 properties have sold in DE73 8BX over the last 5 years.
  • 24 detached houses have sold at an average price of £476,000 in DE73 8 over the last 12 months.
  • Detached houses have been selling for £358 per square foot across DE73 8.
Recent sales
Searching for recent sales near here

Expected property condition

At a sale price of £518k, we expect this property to be in a similar condition to the neighbouring properties in the road.

As it has a similar cost per square foot to the other properties in the road, we think it is in likely to be in a reasonable decorative condition.

At a valuation of £518k this property has a cost per square foot of £348 - this is comparable with the average for properties for the area (which is currently £359).

If we valued this property using the average cost per square foot (CPSF):

  • Using the average CPSF for properties just in the postcode - it would be worth £518k.
  • Using the average CPSF for the whole road - it would be worth £533k.

The local market - Main Street, DE73 8BX

  • The average property value here is £509,000.
    • Valuations range from £196,000 to £884,000.
  • Main Street has 2 postcodes associated with it.
    • The average price of property in Main Street is £518,636.
    • Property in Main Street typically sells for between £305 and £413 per square foot.
    • Properties in Main Street are currently valued at an average cost per square foot of £359.
14%
This property has increased in price by 14% since it last sold 3 years ago.
2%
This property is 2% more expensive than average in Main Street, DE73 8BX.

Sale history

The most paid for a property in Main Street, DE73 8BX was £775,000 in 2023.

Date Price Change
Today's value* £518,000 13.8%
22 Sep 2020 £455,000 43.3%
08 Aug 2008 £317,500 -
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX

Valuation details

The most likely sale price is £518,000 but at the lower end we think it should fetch a minimum of £495,000.

This property has increased in price by £63,000 since it last sold in 2020 - this equates to a 3.6% rise each year.

At its last energy performance certificate inspection, it got a similar rating to other properties in this postcode with a score of 60 out of 100.

On a cost per square foot basis, this property is valued the same as the other houses in this postcode.

Essential info

  • 4 bedroom freehold detached house
  • 1,485 square feet
  • 9% bigger than the average property in this postcode
  • 2% more expensive than the average here

This property is currently valued at £348 per square foot - the average cost per square foot for this postcode is £349.

A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (for more information see our valuation review) of this property.

If the property was previously purchased in a bad state of repair, making home improvements could increase its sale price to £596,000.

Essential buying details

  • Built between 1900 and 1929, the property has sold twice over the last 29 years.

  • If no refurbishment work has been carried out since it was last purchased, we expect the property to sell for between £495k and £541k.

  • The property didn't turn out to be a great investment for the previous owner - returning on average 3.0% per annum.

Investment Performance
Annual change: 3%

The previous owner had the property for 12 years, having purchased it in August 2008 for £317,500.

During this time, the price rose by £137,500 (43.3%), which equates to it increasing in value by 3% each year.

The property didn't turn out to be a great investment for the previous owner.

PropertyValuation
24 Main Street, Kings Newton
1055 sq.ft.
£196,000
65 Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX 65 Main Street, Kings Newton
1 bed | 420 sq. ft.
£197,000
8 Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX 8 Main Street, Kings Newton
2 bed | 840 sq. ft.
£321,000
Hardinge Arms, Main Street
£362,000
28 Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX 28 Main Street, Kings Newton
3 bed
£499,000
83 Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX 83 Main Street, Kings Newton
4 bed | 1733 sq. ft.
£510,000
Chantry Barn, Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX Chantry Barn, Main Street
4 bed | 1485 sq. ft.
£518,000
71 Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX 71 Main Street, Kings Newton
5 bed | 2357 sq. ft.
£655,000
74 Main Street, Kings Newton, Derby, South Derbyshire, Derbyshire, DE73 8BX 74 Main Street, Kings Newton
4 bed | 1916 sq. ft.
£681,000
63A Main Street, Kings Newton
1776 sq.ft.
£769,000
OFFERS EXPECTED TO BE IN THE REGION OF:
£495k - £541k

Most likely sale price: £518k

Tell us about the condition of the property to get a more accurate valuation.

Our property valuation model calculates the latest property prices using data from trusted external sources in combination with available user-submitted information - this includes HM Land Registry which is the UK's official register for ownership of land and property in England and Wales.

The model takes into account what has sold, when and how prices have changed over time. It also brings in multiple datasources to cross reference accuracy with the latest sales data and cost per square foot benchmarks.

In addtion to this, we filter out bad data where we are able to identify it so we can improve accuracy.

If home improvements have been made or the property has been extended after it was last purchased, these improvements won't be taken into account if we don't know about them. For properties that have had home improvements made, you can get an updated valuation here.

A number of things can make a property more desirable and sell for more money per square foot than others in the area.

Some of the things that can cause a property to be worth more per square foot include:

  • Good school catchment area
  • Good transport links
  • Bigger garden
  • Offstreet parking and garages
  • High quality architectural designs (a.k.a pretty houses!)
  • Good quality home improvements

We use multiple data sources to provide reliable property information to you.

Some of the data sources we use are:

  • HM Land Registry
  • Ordnance Survey
  • Department for Levelling Up, Housing & Communities
  • Royal Mail
  • Estate agents
  • Property listings

* Excluding properties that we've been unable to calculate a valuation for.

** Excludes property transactions that occurred before 1995.

Whilst all reasonable effort is made to ensure the information in this website is current, The Move Market does not warrant the accuracy or completeness and accepts no liability for any loss or damage or costs.

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.

The latest HM Land registry data covers property transactions up until 31/03/2024 - this was released on the 29/04/2024.