15, NEWHAM CLOSE, HEANOR, DE75 7TW - £77,000

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 NEWHAM CLOSE is a very small extended terraced house of 40m², built sometime between 2003 and 2006, which could now be worth an estimated £102,478. It was last sold for £77,000 in December 2019, which was around 40% below the average December 2019 terraced price in the Amber Valley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was C, and the potential energy rating was A.

15 NEWHAM CLOSE Sold Prices

Land registry data shows two sales for 15 NEWHAM 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 NEWHAM 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
2019 12 DEC	£77,000	£127,738	40% below HPI
2007 5 OCT	£75,000	£112,484	33% below HPI

15 NEWHAM 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 NEWHAM CLOSE sales from October 2007 and December 2019 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 October 2007 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the December 2019 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 15 NEWHAM CLOSE be worth now?

15 NEWHAM CLOSE might now be worth an estimated £102,478.

This is based on house price inflation of 33.1%, between December 2019 and June 2025, 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 33.1% inflationary increase is applied to the most recent sale price for 15 NEWHAM CLOSE of £77,000 on 12th December 2019. For the value to have increased from £77,000 to £102,478 over the six years and six months to June 2025, the following assumptions must hold true:

• The value of 15 NEWHAM CLOSE has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The December 2019 sale price of £77,000 represented a fair market value for the property.
• The size, condition, and specification of 15 NEWHAM CLOSE has not materially changed since December 2019.

How Large is 15 NEWHAM CLOSE?

15 NEWHAM CLOSE is 40m², which includes one extension, according to the EPC inspection conducted in May 2017. 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 NEWHAM CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 15 NEWHAM CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Heanor.

15 NEWHAM CLOSE: Plot and Title Map

15 NEWHAM CLOSE sits on a plot of roughly 0.039 of an acre, or 159m². The below map shows the location of 15 NEWHAM 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 NEWHAM 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 NEWHAM CLOSE?

15 NEWHAM CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 15 on NEWHAM CLOSE.