3, PINGLE LANE, BELPER, DE56 1DW - £98,000

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 PINGLE LANE is a very small terraced house of 28m², built sometime before 1900, which could now be worth an estimated £107,546. It was last sold for £98,000 in June 2023, which was around 39% below the average June 2023 terraced price in the Amber Valley local authority area. The most recent EPC inspection was July 2018, where the current energy rating was E, and the potential energy rating was A.

3 PINGLE LANE Sold Prices

Land registry data shows two sales for 3 PINGLE LANE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. Both of the two 3 PINGLE LANE 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
2023 2 JUN	£98,000	£159,611	39% below HPI
1997 14 MAR	£25,995	£29,944	13% below HPI

3 PINGLE LANE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Amber Valley local authority area over time, sourced from the HPI. The two 3 PINGLE LANE sales from March 1997 and June 2023 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 1997 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the June 2023 sale, where it falls to 39% below the HPI. The line then continues to track at 39% below the HPI.

What might 3 PINGLE LANE be worth now?

3 PINGLE LANE might now be worth an estimated £107,546.

This is based on house price inflation of 9.7%, between June 2023 and July 2026, for terraced 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 9.7% inflationary increase is applied to the most recent sale price for 3 PINGLE LANE of £98,000 on 2nd June 2023. For the value to have increased from £98,000 to £107,546 over the two years and eleven months to July 2026, the following assumptions must hold true:

• The value of 3 PINGLE LANE has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The June 2023 sale price of £98,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PINGLE LANE has not materially changed since June 2023.

How Large is 3 PINGLE LANE?

3 PINGLE LANE is 28m² according to the EPC inspection conducted in July 2018. This puts it in the smallest 10% of terraced houses houses in Belper, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Belper, and where 3 PINGLE LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 3 PINGLE LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Belper.

3 PINGLE LANE: Plot and Title Map

3 PINGLE LANE sits on a plot of roughly 0.005 of an acre, or 22m². The below map shows the location of 3 PINGLE LANE, 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 PINGLE LANE). 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 PINGLE LANE?

3 PINGLE LANE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 3 on PINGLE LANE.