8, SPRING CLOSE, BELPER, DE56 2TY - £146,000

8 SPRING CLOSE is a very small detached house of 46m², built sometime between 1967 and 1975. It was last sold for £146,000 in April 2011, which was around 21% below the average April 2011 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2011, where the current energy rating was D, and the potential energy rating was D.

8 SPRING CLOSE Sold Prices

Land registry data shows two sales for 8 SPRING 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 8 SPRING CLOSE 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
2011 28 APR	£146,000	£185,430	21% below HPI
2001 31 JUL	£64,000	£93,664	32% below HPI

8 SPRING 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 8 SPRING CLOSE sales from July 2001 and April 2011 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 2001 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the April 2011 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 8 SPRING CLOSE?

8 SPRING CLOSE is 46m² according to the EPC inspection conducted in January 2011. This puts it in the smallest 10% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 8 SPRING CLOSE lies on this distribution: Less than 1% of detached houses are smaller than 8 SPRING CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Belper.

8 SPRING CLOSE: Plot and Title Map

8 SPRING CLOSE sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 8 SPRING 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 8 SPRING 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 8 SPRING CLOSE?

8 SPRING CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 8 on SPRING CLOSE.