115B, SCHOOLHOUSE HILL, HEAGE, BELPER, DE56 2BB - £325,000

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.

115B SCHOOLHOUSE HILL is a very small semi-detached house of 74m², built sometime between 1976 and 1982, which could now be worth an estimated £394,747. It was last sold for £325,000 in December 2021, which was around 77% above the average December 2021 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2013, where the current energy rating was D, and the potential energy rating was B.

115B SCHOOLHOUSE HILL Sold Prices

Land registry data shows two sales for 115B SCHOOLHOUSE HILL since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 115B SCHOOLHOUSE HILL sales were 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
2021 20 DEC	£325,000	£183,648	77% above HPI
2013 23 AUG	£180,000	£120,497	49% above HPI

115B SCHOOLHOUSE HILL Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 115B SCHOOLHOUSE HILL sales from August 2013 and December 2021 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 August 2013 sale was for 49% above the HPI. So the extrapolation line tracks at 49% above the HPI over time, until the December 2021 sale, where it rises to 77% above the HPI. The line then continues to track at 77% above the HPI.

What might 115B SCHOOLHOUSE HILL be worth now?

115B SCHOOLHOUSE HILL might now be worth an estimated £394,747.

This is based on house price inflation of 21.5%, between December 2021 and May 2026, for semi-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 21.5% inflationary increase is applied to the most recent sale price for 115B SCHOOLHOUSE HILL of £325,000 on 20th December 2021. For the value to have increased from £325,000 to £394,747 over the five years and seven months to May 2026, the following assumptions must hold true:

• The value of 115B SCHOOLHOUSE HILL has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The December 2021 sale price of £325,000 represented a fair market value for the property.
• The size, condition, and specification of 115B SCHOOLHOUSE HILL has not materially changed since December 2021.

How Large is 115B SCHOOLHOUSE HILL?

115B SCHOOLHOUSE HILL is 74m² according to the EPC inspection conducted in July 2013. This puts it in the smallest 20% of semi-detached houses houses in Heage, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Heage, and where 115B SCHOOLHOUSE HILL lies on this distribution: 19% of semi-detached houses houses are smaller than 115B SCHOOLHOUSE HILL, and 81% of houses are larger. Note that EPC data is not available for all properties in Heage.

115B SCHOOLHOUSE HILL: Plot and Title Map

115B SCHOOLHOUSE HILL sits on a plot of roughly 0.144 of an acre, or 582m². The below map shows the location of 115B SCHOOLHOUSE HILL, 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 115B SCHOOLHOUSE HILL). 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 115B SCHOOLHOUSE HILL?

115B SCHOOLHOUSE HILL is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 115B on SCHOOLHOUSE HILL.