24, BURBAGE CLOSE, BELPER, DE56 0DW - £130,000

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.

24 BURBAGE CLOSE is a very small semi-detached house of 48m², built sometime between 1983 and 1990, which could now be worth an estimated £150,871. It was last sold for £130,000 in February 2022, which was around 32% below the average February 2022 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was C, and the potential energy rating was B.

24 BURBAGE CLOSE Sold Prices

Land registry data shows three sales for 24 BURBAGE CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. Two of the three 24 BURBAGE CLOSE sales were for below the average price, whilst one was 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
2022 25 FEB	£130,000	£192,202	32% below HPI
2007 1 NOV	£130,000	£133,849	3% below HPI
2002 30 JUL	£72,000	£63,846	13% above HPI

24 BURBAGE 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 three 24 BURBAGE CLOSE sales between July 2002 and February 2022 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 November 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 24 BURBAGE CLOSE be worth now?

24 BURBAGE CLOSE might now be worth an estimated £150,871.

This is based on house price inflation of 16.1%, between February 2022 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 16.1% inflationary increase is applied to the most recent sale price for 24 BURBAGE CLOSE of £130,000 on 25th February 2022. For the value to have increased from £130,000 to £150,871 over the three years and nine months to May 2026, the following assumptions must hold true:

• The value of 24 BURBAGE CLOSE has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The February 2022 sale price of £130,000 represented a fair market value for the property.
• The size, condition, and specification of 24 BURBAGE CLOSE has not materially changed since February 2022.

How Large is 24 BURBAGE CLOSE?

24 BURBAGE CLOSE is 48m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of semi-detached houses houses in Belper, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Belper, and where 24 BURBAGE CLOSE lies on this distribution: Less than 1% of semi-detached houses houses are smaller than 24 BURBAGE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Belper.

24 BURBAGE CLOSE: Plot and Title Map

24 BURBAGE CLOSE sits on a plot of roughly 0.045 of an acre, or 184m². The below map shows the location of 24 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 24 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 24 BURBAGE CLOSE?

24 BURBAGE CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 24 on BURBAGE CLOSE.