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South Normanton and Pinxton House Prices

The average house price in South Normanton and Pinxton is £187,883 using HM Land Registry data.

The average property price increased by £70,999 (50.15%) over the last 5 years and increased by £14,190 (7.15%) over the last 12 months.

Over the last year, there were 168 residential property sales – a decrease of 124 transactions (-73.81%) relative to the previous year. The majority of house sales (43) were in the £142,000 - £184,000 range. Then came properties in the £100,000 - £142,000 range, where 35 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 92 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-5,244 (-2%).

In April 2024, there were 35 new estate agency instructions, 14 agreed home sales and 33 property price reductions.

5-Year Average Property Prices in South Normanton and Pinxton

50.15%

Property prices in South Normanton and Pinxton increased by 50.15% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in South Normanton and Pinxton Over the Last Year

7.15%

Property prices in South Normanton and Pinxton increased by 7.15% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for South Normanton and Pinxton - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in South Normanton and Pinxton

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in South Normanton and Pinxton

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in South Normanton and Pinxton

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the South Normanton and Pinxton since 1995

Using HM Land Registry data, this chart displays average annual house prices in the South Normanton and Pinxton area since 1995.

Recent Property Sales in South Normanton and Pinxton

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
72 The Chine, Broadmeadows, Alfreton, Derbyshire, DE55 3AN	£375,000	£365,000	-£10,000	16 May 2023	05 Mar 2024	294 Days
103a, Sough Road, South Normanton, Alfreton, Derbyshire, DE55 2LE	£150,000	£147,000	-£3,000	03 Aug 2023	12 Jan 2024	162 Days
11 Finley Way, Broadmeadows, Alfreton, Derbyshire, DE55 3AD	£162,500	£161,000	-£1,500	22 Sep 2023	05 Jan 2024	105 Days
94 Victoria Street, South Normanton, Alfreton, Derbyshire, DE55 2BY	£165,000	£162,500	-£2,500	23 Sep 2023	20 Dec 2023	88 Days
5 Rangewood Road, South Normanton, Alfreton, Derbyshire, DE55 3BS	£300,000	£298,000	-£2,000	09 Aug 2023	19 Dec 2023	132 Days
101 Coronation Drive, South Normanton, Alfreton, Derbyshire, DE55 2JF	£250,000	£237,500	-£12,500	25 Jul 2023	15 Dec 2023	143 Days
80 Coronation Drive, South Normanton, Alfreton, Derbyshire, DE55 2HS	£139,950	£139,950	£00	07 Aug 2023	15 Dec 2023	130 Days
11 Peach Avenue, South Normanton, Alfreton, Derbyshire, DE55 2EZ	£367,500	£367,500	£00	16 Nov 2022	07 Dec 2023	386 Days
45 Carter Lane East, South Normanton, Alfreton, Derbyshire, DE55 2DY	£145,000	£143,000	-£2,000	30 Aug 2023	01 Dec 2023	93 Days
30 Church Street, South Normanton, Alfreton, Derbyshire, DE55 2BT	£130,000	£107,500	-£22,500	08 Jun 2023	01 Dec 2023	176 Days
26 Peel Street, South Normanton, Alfreton, Derbyshire, DE55 2DE	£220,000	£210,000	-£10,000	19 Jul 2023	27 Nov 2023	131 Days
47 Broadlands, Broadmeadows, Alfreton, Derbyshire, DE55 3NW	£259,950	£252,000	-£7,950	25 May 2023	10 Nov 2023	169 Days
22 The Sycamores, Broadmeadows, Alfreton, Derbyshire, DE55 3AE	£325,000	£320,000	-£5,000	18 Jul 2023	10 Nov 2023	115 Days
4 Mount Crescent, Broadmeadows, Alfreton, Derbyshire, DE55 3NS	£390,000	£370,000	-£20,000	17 May 2023	09 Nov 2023	176 Days
45 George Street, South Normanton, Alfreton, Derbyshire, DE55 2AY	£160,000	£155,000	-£5,000	07 Jun 2023	09 Nov 2023	155 Days
53 Birchen Holme, South Normanton, Alfreton, Derbyshire, DE55 3LR	£165,000	£155,000	-£10,000	08 Jun 2023	01 Nov 2023	146 Days
24 The Sycamores, Broadmeadows, Alfreton, Derbyshire, DE55 3AE	£299,950	£295,000	-£4,950	31 May 2023	01 Nov 2023	154 Days
107 Coronation Drive, South Normanton, Alfreton, Derbyshire, DE55 2JF	£212,500	£180,000	-£32,500	24 Jul 2023	31 Oct 2023	99 Days
65 Coronation Drive, South Normanton, Alfreton, Derbyshire, DE55 2HS	£145,000	£143,000	-£2,000	10 Oct 2023	27 Oct 2023	17 Days
33 The Hamlet, South Normanton, Alfreton, Derbyshire, DE55 2JA	£315,000	£310,000	-£5,000	16 Jun 2023	23 Oct 2023	129 Days

Most Expensive Streets in South Normanton and Pinxton

Postcode	Street	Area	Average	No. of Sales
DE55 3LA	School Lane	Broadmeadows	£400,000	3
DE55 3AG	Storthfield Way	Broadmeadows	£331,666	3
DE55 3AN	The Chine	Broadmeadows	£326,833	3
DE55 3NN	Cornfield Avenue	Broadmeadows	£295,333	3
DE55 2GG	Nightingale Grove	South Normanton	£290,600	10
DE55 3AZ	Oak Meadows	Broadmeadows	£290,362	4
DE55 3NA	Lea Vale	Broadmeadows	£287,600	5
DE55 2FJ	Newlyn Drive	South Normanton	£287,083	6
DE55 2FB	Turnley Road	South Normanton	£281,750	4
DE55 2EB	Ball Hill	South Normanton	£276,125	4

Least Expensive Streets in South Normanton and Pinxton

Postcode	Street	Area	Average	No. of Sales
DE55 2AL	Queen Street	South Normanton	£72,900	3
DE55 2AU	The Tudors	Downing Street, South Normanton	£75,400	5
NG16 6RX	Pinxton Court	Wharf Road	£78,750	4
NG16 6FG	Victoria Terrace	Selston	£83,333	3
NG16 6PL	Alexander Terrace	Pinxton	£89,400	5
NG16 6LL	Pool Close	Pinxton	£90,142	7
DE55 2DF	Gladstone Street	South Normanton	£91,937	4
DE55 3NZ	Larchdale Close	Broadmeadows	£93,550	4
NG16 6PD	Talbot Street	Pinxton	£94,593	16
DE55 2EL	Market Street	South Normanton	£96,000	4