Chesterfield house prices suffered a summer drop

But the ​drop ​does not reverse the longer-term trend, which has seen property prices in the area ​achieve 2.3 per cent annual growth​.

Land Registry figures show the average Chesterfield house price in August was £162,667 – a 1.9 per cent decrease on July.

Over the month, the picture was ​worse than that across the East Midlands, where prices ​increased 0.6 per cent​, and Chesterfield under-performed compared to the 0.7 per cent rise for the UK as a whole.

Over the last year, the average sale price of property in Chesterfield ​​rose by £3,700 – putting the ​area 30th among the East Midlands’s 40 local authorities for annual growth.

​The best annual growth in the region was in Derbyshire Dales, where properties increased on average by 11.9 per cent, to £288,000.

At the other end of the scale, properties in South Kesteven dropped 0.9 per cent in value, giving an average price of £219,000.

Owners of flats fared worst in Chesterfield in August as their properites dropped 2.5 per cent in value to £98,457 on average​.

Detached and terraced properties both dropped by two per cent in value, while semi-detached properties fell by 1.7 per cent.

First-time buyers in Chesterfield spent an average of £​137,900 on their property – ​£2,900 more than a year ago, ​and ​£20,500 more than in August 2015.

By comparison, former owner-occupiers paid £​183,600 on average in August​ – 33.2 per cent more than first-time buyers.