3, CHESTNUT BANK, HEANOR, DE75 7UD - £185,000

3 CHESTNUT BANK is a very small detached house of 56m², built sometime between 1983 and 1990. It was last sold for £185,000 in May 2022, which was around 39% below the average May 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

3 CHESTNUT BANK Sold Prices

Land registry data shows two sales for 3 CHESTNUT BANK since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Both of the two 3 CHESTNUT BANK 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 6 MAY	£185,000	£302,170	39% below HPI
2001 21 DEC	£91,000	£98,678	8% below HPI

3 CHESTNUT BANK 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 two 3 CHESTNUT BANK sales from December 2001 and May 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 December 2001 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the May 2022 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

How Large is 3 CHESTNUT BANK?

3 CHESTNUT BANK is 56m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 3 CHESTNUT BANK lies on this distribution: 2% of detached houses are smaller than 3 CHESTNUT BANK, and 97% of houses are larger. Note that EPC data is not available for all properties in Heanor.

3 CHESTNUT BANK: Plot and Title Map

3 CHESTNUT BANK sits on a plot of roughly 0.076 of an acre, or 308m². The below map shows the location of 3 CHESTNUT BANK, 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 3 CHESTNUT BANK). 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 3 CHESTNUT BANK?

3 CHESTNUT BANK is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 3 on CHESTNUT BANK.