3, MOORLANDS ROAD, RIDGEWAY, BELPER, DE56 2JB - £240,000

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.

3 MOORLANDS ROAD is a very large extended detached house of 171m², built sometime between 1996 and 2002, which could now be worth an estimated £439,463. It was last sold for £240,000 in October 2010, which was around 28% above the average October 2010 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2016, where the current energy rating was D, and the potential energy rating was C.

3 MOORLANDS ROAD Sold Prices

Land registry data shows three sales for 3 MOORLANDS ROAD 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 3 MOORLANDS 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
2010 13 OCT	£240,000	£187,489	28% above HPI
2008 4 APR	£275,000	£196,431	40% above HPI
2007 23 FEB	£275,000	£195,739	40% above HPI

3 MOORLANDS ROAD 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 3 MOORLANDS ROAD sales between February 2007 and October 2010 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 2008 sale was for 40% above the HPI. So the extrapolation line tracks at 40% above the HPI over time, until the October 2010 sale, where it falls to 28% above the HPI. The line then continues to track at 28% above the HPI.

What might 3 MOORLANDS ROAD be worth now?

3 MOORLANDS ROAD might now be worth an estimated £439,463.

This is based on house price inflation of 83.1%, between October 2010 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 83.1% inflationary increase is applied to the most recent sale price for 3 MOORLANDS ROAD of £240,000 on 13th October 2010. For the value to have increased from £240,000 to £439,463 over the sixteen years and five months to May 2026, the following assumptions must hold true:

• The value of 3 MOORLANDS ROAD has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2010 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 3 MOORLANDS ROAD has not materially changed since October 2010.

How Large is 3 MOORLANDS ROAD?

3 MOORLANDS ROAD is 171m², which includes two extensions, according to the EPC inspection conducted in April 2016. This puts it in the largest 20% of detached houses houses in Ridgeway, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ridgeway, and where 3 MOORLANDS ROAD lies on this distribution: 85% of detached houses houses are smaller than 3 MOORLANDS ROAD, and 12% of houses are larger. Note that EPC data is not available for all properties in Ridgeway.

3 MOORLANDS ROAD: Plot and Title Map

3 MOORLANDS ROAD sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 3 MOORLANDS 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 3 MOORLANDS 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 3 MOORLANDS ROAD?

3 MOORLANDS ROAD is located in RIDGEWAY, in the DE56 postcode district. The below map shows the position of No. 3 on MOORLANDS ROAD.