31, BROUGHTON CLOSE, RIDDINGS, ALFRETON, DE55 4DQ - £111,000

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.

31 BROUGHTON CLOSE is a very small terraced house of 69m², built sometime between 2003 and 2006, which could now be worth an estimated £205,785. It was last sold for £111,000 in August 2012, which was around 16% above the average August 2012 terraced price in the Amber Valley local authority area. The most recent EPC inspection was June 2012, where the current energy rating was C, and the potential energy rating was B.

31 BROUGHTON CLOSE Sold Prices

Land registry data shows two sales for 31 BROUGHTON CLOSE 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 31 BROUGHTON CLOSE 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
2012 17 AUG	£111,000	£95,442	16% above HPI
2003 28 FEB	£78,250	£62,592	25% above HPI

31 BROUGHTON CLOSE 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 31 BROUGHTON CLOSE sales from February 2003 and August 2012 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 February 2003 sale was for 25% above the HPI. So the extrapolation line tracks at 25% above the HPI over time, until the August 2012 sale, where it falls to 16% above the HPI. The line then continues to track at 16% above the HPI.

What might 31 BROUGHTON CLOSE be worth now?

31 BROUGHTON CLOSE might now be worth an estimated £205,785.

This is based on house price inflation of 85.4%, between August 2012 and May 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 85.4% inflationary increase is applied to the most recent sale price for 31 BROUGHTON CLOSE of £111,000 on 17th August 2012. For the value to have increased from £111,000 to £205,785 over the fourteen years and three months to May 2026, the following assumptions must hold true:

• The value of 31 BROUGHTON CLOSE has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The August 2012 sale price of £111,000 represented a fair market value for the property.
• The size, condition, and specification of 31 BROUGHTON CLOSE has not materially changed since August 2012.

How Large is 31 BROUGHTON CLOSE?

31 BROUGHTON CLOSE is 69m² according to the EPC inspection conducted in June 2012. This puts it in the smallest 20% of terraced houses houses in Leabrooks, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Leabrooks, and where 31 BROUGHTON CLOSE lies on this distribution: 16% of terraced houses houses are smaller than 31 BROUGHTON CLOSE, and 83% of houses are larger. Note that EPC data is not available for all properties in Leabrooks.

31 BROUGHTON CLOSE: Plot and Title Map

31 BROUGHTON CLOSE sits on a plot of roughly 0.058 of an acre, or 235m². The below map shows the location of 31 BROUGHTON CLOSE, 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 31 BROUGHTON CLOSE). 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 31 BROUGHTON CLOSE?

31 BROUGHTON CLOSE is located in RIDDINGS, in the DE55 postcode district. The below map shows the position of No. 31 on BROUGHTON CLOSE.