24, THE CROFT, HEAGE, BELPER, DE56 2BQ - £250,000

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 THE CROFT is a very small detached house of 59m², built sometime between 1967 and 1975, which could now be worth an estimated £290,965. It was last sold for £250,000 in April 2022, which was around 15% below the average April 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

24 THE CROFT Sold Prices

Land registry data shows three sales for 24 THE CROFT since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 24 THE CROFT 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
2022 8 APR	£250,000	£294,975	15% below HPI
2011 16 MAR	£143,000	£180,512	21% below HPI
1996 26 MAR	£51,000	£59,221	14% below HPI

24 THE CROFT Price Paid vs. HPI Average

The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The three 24 THE CROFT sales between March 1996 and April 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 March 2011 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the April 2022 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

What might 24 THE CROFT be worth now?

24 THE CROFT might now be worth an estimated £290,965.

This is based on house price inflation of 16.4%, between April 2022 and May 2026, for 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 16.4% inflationary increase is applied to the most recent sale price for 24 THE CROFT of £250,000 on 8th April 2022. For the value to have increased from £250,000 to £290,965 over the three years and eleven months to May 2026, the following assumptions must hold true:

• The value of 24 THE CROFT has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The April 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 24 THE CROFT has not materially changed since April 2022.

How Large is 24 THE CROFT?

24 THE CROFT is 59m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses houses in Heage, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heage, and where 24 THE CROFT lies on this distribution: 6% of detached houses houses are smaller than 24 THE CROFT, and 91% of houses are larger. Note that EPC data is not available for all properties in Heage.

24 THE CROFT: Plot and Title Map

24 THE CROFT sits on a plot of roughly 0.074 of an acre, or 300m². The below map shows the location of 24 THE CROFT, 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 THE CROFT). 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 THE CROFT?

24 THE CROFT is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 24 on THE CROFT.