12, BURBAGE CLOSE, BELPER, DE56 0DW - £220,000

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.

12 BURBAGE CLOSE is a midsized detached house of 105m², built sometime between 1983 and 1990, which could now be worth an estimated £390,619. It was last sold for £220,000 in May 2014, which was around 14% above the average May 2014 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2013, where the current energy rating was D, and the potential energy rating was C.

12 BURBAGE CLOSE Sold Prices

Land registry data shows three sales for 12 BURBAGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 12 BURBAGE CLOSE 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
2014 8 MAY	£220,000	£193,355	14% above HPI
2011 16 MAR	£215,000	£180,512	19% above HPI
1997 18 JUL	£78,000	£68,179	14% above HPI

12 BURBAGE 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 three 12 BURBAGE CLOSE sales between July 1997 and May 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 March 2011 sale was for 19% above the HPI. So the extrapolation line tracks at 19% above the HPI over time, until the May 2014 sale, where it falls to 14% above the HPI. The line then continues to track at 14% above the HPI.

What might 12 BURBAGE CLOSE be worth now?

12 BURBAGE CLOSE might now be worth an estimated £390,619.

This is based on house price inflation of 77.6%, between May 2014 and May 2026, 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 77.6% inflationary increase is applied to the most recent sale price for 12 BURBAGE CLOSE of £220,000 on 8th May 2014. For the value to have increased from £220,000 to £390,619 over the twelve years to May 2026, the following assumptions must hold true:

• The value of 12 BURBAGE CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2014 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 12 BURBAGE CLOSE has not materially changed since May 2014.

How Large is 12 BURBAGE CLOSE?

12 BURBAGE CLOSE is 105m² according to the EPC inspection conducted in August 2013. This puts it in the largest 50% of detached houses houses in Belper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belper, and where 12 BURBAGE CLOSE lies on this distribution: 58% of detached houses houses are smaller than 12 BURBAGE CLOSE, and 40% of houses are larger. Note that EPC data is not available for all properties in Belper.

12 BURBAGE CLOSE: Plot and Title Map

12 BURBAGE CLOSE sits on a plot of roughly 0.101 of an acre, or 410m². The below map shows the location of 12 BURBAGE 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 BURBAGE 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 BURBAGE CLOSE?

12 BURBAGE CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 12 on BURBAGE CLOSE.