12, BANKSBURN CLOSE, HEANOR, DE75 7XB - £175,000

12 BANKSBURN CLOSE is a very small detached house of 66m², built sometime between 1976 and 1982. It was last sold for £175,000 in May 2016, which was around 19% below the average May 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2012, where the current energy rating was E, and the potential energy rating was B.

12 BANKSBURN CLOSE Sold Prices

Land registry data shows two sales for 12 BANKSBURN CLOSE 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 12 BANKSBURN CLOSE 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
2016 27 MAY	£175,000	£215,545	19% below HPI
2013 2 JAN	£115,000	£188,650	39% below HPI

12 BANKSBURN CLOSE 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 12 BANKSBURN CLOSE sales from January 2013 and May 2016 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 January 2013 sale was for 39% below the HPI. So the extrapolation line tracks at 39% below the HPI over time, until the May 2016 sale, where it rises to 19% below the HPI. The line then continues to track at 19% below the HPI.

How Large is 12 BANKSBURN CLOSE?

12 BANKSBURN CLOSE is 66m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 10% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 12 BANKSBURN CLOSE lies on this distribution: 7% of detached houses are smaller than 12 BANKSBURN CLOSE, and 92% of houses are larger. Note that EPC data is not available for all properties in Heanor.

12 BANKSBURN CLOSE: Plot and Title Map

12 BANKSBURN CLOSE sits on a plot of roughly 0.088 of an acre, or 357m². The below map shows the location of 12 BANKSBURN CLOSE, 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 12 BANKSBURN CLOSE). 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 12 BANKSBURN CLOSE?

12 BANKSBURN CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 12 on BANKSBURN CLOSE.