29, PENNINE VIEW, HEAGE, BELPER, DE56 2TE - £235,000

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.

29 PENNINE VIEW is a very small detached house of 74m², built sometime between 1967 and 1975, which could now be worth an estimated £353,030. It was last sold for £235,000 in June 2017, which was around 3% above the average June 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2009, where the current energy rating was C, and the potential energy rating was C.

29 PENNINE VIEW Sold Prices

Land registry data shows three sales for 29 PENNINE VIEW 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. One of the three 29 PENNINE VIEW sales was for above the average price, whilst two 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
2017 2 JUN	£235,000	£228,530	3% above HPI
2011 28 APR	£155,000	£182,201	15% below HPI
1999 11 JUN	£66,000	£73,971	11% below HPI

29 PENNINE VIEW 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 29 PENNINE VIEW sales between June 1999 and June 2017 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 April 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the June 2017 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 29 PENNINE VIEW be worth now?

29 PENNINE VIEW might now be worth an estimated £353,030.

This is based on house price inflation of 50.2%, between June 2017 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 50.2% inflationary increase is applied to the most recent sale price for 29 PENNINE VIEW of £235,000 on 2nd June 2017. For the value to have increased from £235,000 to £353,030 over the nine years and one month to May 2026, the following assumptions must hold true:

• The value of 29 PENNINE VIEW has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2017 sale price of £235,000 represented a fair market value for the property.
• The size, condition, and specification of 29 PENNINE VIEW has not materially changed since June 2017.

How Large is 29 PENNINE VIEW?

29 PENNINE VIEW is 74m² according to the EPC inspection conducted in September 2009. This puts it in the smallest 20% 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 29 PENNINE VIEW lies on this distribution: 19% of detached houses houses are smaller than 29 PENNINE VIEW, and 81% of houses are larger. Note that EPC data is not available for all properties in Heage.

29 PENNINE VIEW: Plot and Title Map

29 PENNINE VIEW sits on a plot of roughly 0.084 of an acre, or 338m². The below map shows the location of 29 PENNINE VIEW, 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 29 PENNINE VIEW). 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 29 PENNINE VIEW?

29 PENNINE VIEW is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 29 on PENNINE VIEW.