5, PINGLE LANE, BELPER, DE56 1DW - £95,000

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.

5 PINGLE LANE is a very small extended terraced house of 38m², built sometime before 1900, which could now be worth an estimated £176,717. It was last sold for £95,000 in September 2012, which was about the average September 2012 terraced price in the Amber Valley local authority area. The most recent EPC inspection was July 2019, where the current energy rating was D, and the potential energy rating was B.

5 PINGLE LANE Sold Prices

Land registry data shows three sales for 5 PINGLE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. The three 5 PINGLE LANE sales were a mix of roughly equal to the average price, and 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 21 SEP	£95,000	£95,121	Close to HPI
2000 10 MAR	£40,000	£36,015	11% above HPI
1998 29 MAY	£37,000	£31,530	17% above HPI

5 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 three 5 PINGLE LANE sales between May 1998 and September 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 March 2000 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the September 2012 sale, where it falls to roughly the same level as the HPI. The line then continues to track in line with the HPI.

What might 5 PINGLE LANE be worth now?

5 PINGLE LANE might now be worth an estimated £176,717.

This is based on house price inflation of 86%, between September 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 86% inflationary increase is applied to the most recent sale price for 5 PINGLE LANE of £95,000 on 21st September 2012. For the value to have increased from £95,000 to £176,717 over the fourteen years and four months to May 2026, the following assumptions must hold true:

• The value of 5 PINGLE LANE has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The September 2012 sale price of £95,000 represented a fair market value for the property.
• The size, condition, and specification of 5 PINGLE LANE has not materially changed since September 2012.

How Large is 5 PINGLE LANE?

5 PINGLE LANE is 38m², which includes one extension, according to the EPC inspection conducted in July 2019. 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 5 PINGLE LANE lies on this distribution: Less than 1% of terraced houses houses are smaller than 5 PINGLE LANE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Belper.

5 PINGLE LANE: Plot and Title Map

5 PINGLE LANE sits on a plot of roughly 0.010 of an acre, or 39m². The below map shows the location of 5 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 5 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 5 PINGLE LANE?

5 PINGLE LANE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 5 on PINGLE LANE.