18, BALMORAL CLOSE, HEANOR, DE75 7SN - £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.

18 BALMORAL CLOSE is a small semi-detached house of 87m², built sometime between 1996 and 2002, which could now be worth an estimated £237,387. It was last sold for £220,000 in December 2023, which was around 6% above the average December 2023 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

18 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 18 BALMORAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 18 BALMORAL 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 15 DEC	£220,000	£206,722	6% above HPI
2006 3 MAR	£140,000	£118,507	18% above HPI
2003 19 MAY	£123,000	£82,359	49% above HPI
2000 31 MAR	£67,000	£46,227	45% above HPI

18 BALMORAL CLOSE 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 four 18 BALMORAL CLOSE sales between March 2000 and December 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 March 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the December 2023 sale, where it falls to 6% above the HPI. The line then continues to track at 6% above the HPI.

What might 18 BALMORAL CLOSE be worth now?

18 BALMORAL CLOSE might now be worth an estimated £237,387.

This is based on house price inflation of 7.9%, between December 2023 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 7.9% inflationary increase is applied to the most recent sale price for 18 BALMORAL CLOSE of £220,000 on 15th December 2023. For the value to have increased from £220,000 to £237,387 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 18 BALMORAL CLOSE has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The December 2023 sale price of £220,000 represented a fair market value for the property.
• The size, condition, and specification of 18 BALMORAL CLOSE has not materially changed since December 2023.

How Large is 18 BALMORAL CLOSE?

18 BALMORAL CLOSE is 87m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of semi-detached houses houses in Heanor, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Heanor, and where 18 BALMORAL CLOSE lies on this distribution: 33% of semi-detached houses houses are smaller than 18 BALMORAL CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Heanor.

18 BALMORAL CLOSE: Plot and Title Map

18 BALMORAL CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 18 BALMORAL 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 18 BALMORAL 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 18 BALMORAL CLOSE?

18 BALMORAL CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 18 on BALMORAL CLOSE.