1, MALIK WAY, HEANOR, DE75 7DW - £120,000

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.

1 MALIK WAY is a very small detached house of 51m², which could now be worth an estimated £203,617. It was last sold for £120,000 in June 2014, which was around 39% below the average June 2014 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2012, where the current energy rating was C, and the potential energy rating was C.

1 MALIK WAY Sold Prices

Land registry data shows two sales for 1 MALIK WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 1 MALIK WAY 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
2014 19 JUN	£120,000	£197,786	39% below HPI
2012 2 NOV	£120,000	£184,126	35% below HPI

1 MALIK WAY Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 1 MALIK WAY sales from November 2012 and June 2014 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 November 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the June 2014 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 1 MALIK WAY be worth now?

1 MALIK WAY might now be worth an estimated £203,617.

This is based on house price inflation of 69.7%, between June 2014 and March 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 69.7% inflationary increase is applied to the most recent sale price for 1 MALIK WAY of £120,000 on 19th June 2014. For the value to have increased from £120,000 to £203,617 over the eleven years and three months to March 2025, the following assumptions must hold true:

• The value of 1 MALIK WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2014 sale price of £120,000 represented a fair market value for the property.
• The size, condition, and specification of 1 MALIK WAY has not materially changed since June 2014.

How Large is 1 MALIK WAY?

1 MALIK WAY is 51m² according to the EPC inspection conducted in February 2012. This puts it in the smallest 10% of detached houses houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heanor, and where 1 MALIK WAY lies on this distribution: 1% of detached houses houses are smaller than 1 MALIK WAY, and 99% of houses are larger. Note that EPC data is not available for all properties in Heanor.

1 MALIK WAY: Plot and Title Map

1 MALIK WAY sits on a plot of roughly 0.041 of an acre, or 166m². The below map shows the location of 1 MALIK WAY, 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 1 MALIK WAY). 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 1 MALIK WAY?

1 MALIK WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 1 on MALIK WAY.