229, BELPER ROAD, STANLEY COMMON, ILKESTON, DE7 6FT - £407,000

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.

229 BELPER ROAD is a very large detached house of 184m², built in 2016, which could now be worth an estimated £565,432. It was last sold for £407,000 in March 2018, which was around 71% above the average March 2018 detached price in the Erewash local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was A.

229 BELPER ROAD Sold Prices

Land registry data shows two sales for 229 BELPER ROAD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Erewash local authority area for the corresponding sale date. Both of the two 229 BELPER ROAD 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
2018 23 MAR	£407,000	£237,756	71% above HPI
2017 25 AUG	£405,000	£230,958	75% above HPI

229 BELPER ROAD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Erewash local authority area over time, sourced from the HPI. The two 229 BELPER ROAD sales from August 2017 and March 2018 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 August 2017 sale was for 75% above the HPI. So the extrapolation line tracks at 75% above the HPI over time, until the March 2018 sale, where it falls to 71% above the HPI. The line then continues to track at 71% above the HPI.

What might 229 BELPER ROAD be worth now?

229 BELPER ROAD might now be worth an estimated £565,432.

This is based on house price inflation of 38.9%, between March 2018 and May 2026, for detached houses, in the Erewash local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 38.9% inflationary increase is applied to the most recent sale price for 229 BELPER ROAD of £407,000 on 23rd March 2018. For the value to have increased from £407,000 to £565,432 over the seven years and ten months to May 2026, the following assumptions must hold true:

• The value of 229 BELPER ROAD has moved in line with the HPI for detached houses in the Erewash local authority area.
• The March 2018 sale price of £407,000 represented a fair market value for the property.
• The size, condition, and specification of 229 BELPER ROAD has not materially changed since March 2018.

How Large is 229 BELPER ROAD?

229 BELPER ROAD is 184m² according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses houses in Stanley Common, based on EPC data. The below chart shows the distribution of detached houses houses by size in Stanley Common, and where 229 BELPER ROAD lies on this distribution: 95% of detached houses houses are smaller than 229 BELPER ROAD, and 5% of houses are larger. Note that EPC data is not available for all properties in Stanley Common.

229 BELPER ROAD: Plot and Title Map

229 BELPER ROAD sits on a plot of roughly 0.140 of an acre, or 566m². The below map shows the location of 229 BELPER ROAD, 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 229 BELPER ROAD). 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 229 BELPER ROAD?

229 BELPER ROAD is located in STANLEY COMMON, in the DE7 postcode district. The below map shows the position of No. 229 on BELPER ROAD.