4, SCHOOL WOODS CLOSE, SHIPLEY, HEANOR, DE75 7JS - £550,000

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.

4 SCHOOL WOODS CLOSE is a very large detached house of 234m², built sometime between 2003 and 2006, which could now be worth an estimated £819,217. It was last sold for £550,000 in May 2017, which was around 140% above the average May 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2013, where the current energy rating was D, and the potential energy rating was C.

4 SCHOOL WOODS CLOSE Sold Prices

Land registry data shows two sales for 4 SCHOOL WOODS CLOSE 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 4 SCHOOL WOODS 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
2017 5 MAY	£550,000	£229,476	140% above HPI
2005 12 JUL	£540,000	£183,651	194% above HPI

4 SCHOOL WOODS CLOSE 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 4 SCHOOL WOODS CLOSE sales from July 2005 and May 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 July 2005 sale was for 194% above the HPI. So the extrapolation line tracks at 194% above the HPI over time, until the May 2017 sale, where it falls to 140% above the HPI. The line then continues to track at 140% above the HPI.

What might 4 SCHOOL WOODS CLOSE be worth now?

4 SCHOOL WOODS CLOSE might now be worth an estimated £819,217.

This is based on house price inflation of 48.9%, between May 2017 and April 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 48.9% inflationary increase is applied to the most recent sale price for 4 SCHOOL WOODS CLOSE of £550,000 on 5th May 2017. For the value to have increased from £550,000 to £819,217 over the nine years and one month to April 2026, the following assumptions must hold true:

• The value of 4 SCHOOL WOODS CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2017 sale price of £550,000 represented a fair market value for the property.
• The size, condition, and specification of 4 SCHOOL WOODS CLOSE has not materially changed since May 2017.

How Large is 4 SCHOOL WOODS CLOSE?

4 SCHOOL WOODS CLOSE is 234m² according to the EPC inspection conducted in March 2013. This puts it in the largest 10% of detached houses houses in Shipley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Shipley, and where 4 SCHOOL WOODS CLOSE lies on this distribution: 99% of detached houses houses are smaller than 4 SCHOOL WOODS CLOSE, and 1% of houses are larger. Note that EPC data is not available for all properties in Shipley.

4 SCHOOL WOODS CLOSE: Plot and Title Map

4 SCHOOL WOODS CLOSE sits on a plot of roughly 0.217 of an acre, or 877m². The below map shows the location of 4 SCHOOL WOODS 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 4 SCHOOL WOODS 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 4 SCHOOL WOODS CLOSE?

4 SCHOOL WOODS CLOSE is located in SHIPLEY, in the DE75 postcode district. The below map shows the position of No. 4 on SCHOOL WOODS CLOSE.