48, MIDLAND ROAD, HEANOR, DE75 7PN - £197,500

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.

48 MIDLAND ROAD is a midsized terraced house of 94m², built sometime between 1900 and 1929, which could now be worth an estimated £219,359. It was last sold for £197,500 in February 2024, which was around 24% above the average February 2024 terraced price in the Amber Valley local authority area. The most recent EPC inspection was November 2023, where the current energy rating was C, and the potential energy rating was B.

48 MIDLAND ROAD Sold Prices

Land registry data shows two sales for 48 MIDLAND ROAD 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. One of the two 48 MIDLAND ROAD sales was for above the average price, whilst the other was 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
2024 8 FEB	£197,500	£159,310	24% above HPI
2023 31 JUL	£99,000	£158,632	38% below HPI

48 MIDLAND ROAD 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 48 MIDLAND ROAD sales from July 2023 and February 2024 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 2023 sale was for 38% below the HPI. So the extrapolation line tracks at 38% below the HPI over time, until the February 2024 sale, where it rises to 24% above the HPI. The line then continues to track at 24% above the HPI.

What might 48 MIDLAND ROAD be worth now?

48 MIDLAND ROAD might now be worth an estimated £219,359.

This is based on house price inflation of 11.1%, between February 2024 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 11.1% inflationary increase is applied to the most recent sale price for 48 MIDLAND ROAD of £197,500 on 8th February 2024. For the value to have increased from £197,500 to £219,359 over the one year and nine months to May 2026, the following assumptions must hold true:

• The value of 48 MIDLAND ROAD has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The February 2024 sale price of £197,500 represented a fair market value for the property.
• The size, condition, and specification of 48 MIDLAND ROAD has not materially changed since February 2024.

How Large is 48 MIDLAND ROAD?

48 MIDLAND ROAD is 94m² according to the EPC inspection conducted in November 2023. This puts it in the smallest 50% of terraced houses houses in Heanor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heanor, and where 48 MIDLAND ROAD lies on this distribution: 42% of terraced houses houses are smaller than 48 MIDLAND ROAD, and 57% of houses are larger. Note that EPC data is not available for all properties in Heanor.

48 MIDLAND ROAD: Plot and Title Map

48 MIDLAND ROAD sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 48 MIDLAND 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 48 MIDLAND 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 48 MIDLAND ROAD?

48 MIDLAND ROAD is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 48 on MIDLAND ROAD.