15, BELLA CLOSE, LANGLEY MILL, NOTTINGHAM, NG16 4HF - £162,000

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.

15 BELLA CLOSE is a very small terraced house of 55m², built sometime between 2003 and 2006, which could now be worth an estimated £179,480. It was last sold for £162,000 in May 2023, which was around 1% above the average May 2023 terraced price in the Amber Valley local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

15 BELLA CLOSE Sold Prices

Land registry data shows two sales for 15 BELLA CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. Both of the two 15 BELLA 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
2023 25 MAY	£162,000	£159,709	1% above HPI
2004 21 MAY	£96,645	£83,461	16% above HPI

15 BELLA CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Amber Valley local authority area over time, sourced from the HPI. The two 15 BELLA CLOSE sales from May 2004 and May 2023 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 May 2004 sale was for 16% above the HPI. So the extrapolation line tracks at 16% above the HPI over time, until the May 2023 sale, where it falls to 1% above the HPI. The line then continues to track at 1% above the HPI.

What might 15 BELLA CLOSE be worth now?

15 BELLA CLOSE might now be worth an estimated £179,480.

This is based on house price inflation of 10.8%, between May 2023 and May 2026, for terraced 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 10.8% inflationary increase is applied to the most recent sale price for 15 BELLA CLOSE of £162,000 on 25th May 2023. For the value to have increased from £162,000 to £179,480 over the three years to May 2026, the following assumptions must hold true:

• The value of 15 BELLA CLOSE has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The May 2023 sale price of £162,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BELLA CLOSE has not materially changed since May 2023.

How Large is 15 BELLA CLOSE?

15 BELLA CLOSE is 55m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 10% of terraced houses houses in Heanor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heanor, and where 15 BELLA CLOSE lies on this distribution: 2% of terraced houses houses are smaller than 15 BELLA CLOSE, and 98% of houses are larger. Note that EPC data is not available for all properties in Heanor.

15 BELLA CLOSE: Plot and Title Map

15 BELLA CLOSE sits on a plot of roughly 0.034 of an acre, or 137m². The below map shows the location of 15 BELLA 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 15 BELLA 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 15 BELLA CLOSE?

15 BELLA CLOSE is located in LANGLEY MILL, in the NG16 postcode district. The below map shows the position of No. 15 on BELLA CLOSE.