HIGH BANKS, LANDER LANE, BELPER, DE56 1GE - £208,000

HIGH BANKS is a small extended detached house of 85m², built sometime between 1950 and 1966. It was last sold for £208,000 in November 2020, which was around 24% below the average November 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2020, where the current energy rating was D, and the potential energy rating was B.

HIGH BANKS Sold Prices

Land registry data shows two sales for HIGH BANKS 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 HIGH BANKS 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
2020 6 NOV	£208,000	£272,362	24% below HPI
2011 24 JUN	£102,000	£182,041	44% below HPI

HIGH BANKS 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 HIGH BANKS sales from June 2011 and November 2020 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 June 2011 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2020 sale, where it rises to 24% below the HPI. The line then continues to track at 24% below the HPI.

How Large is HIGH BANKS?

HIGH BANKS is 85m², which includes two extensions, according to the EPC inspection conducted in January 2020. This puts it in the smallest 40% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where HIGH BANKS lies on this distribution: 32% of detached houses are smaller than HIGH BANKS, and 67% of houses are larger. Note that EPC data is not available for all properties in Belper.

HIGH BANKS: Plot and Title Map

HIGH BANKS sits on a plot of roughly 0.093 of an acre, or 376m². The below map shows the location of HIGH BANKS, 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 HIGH BANKS). 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 HIGH BANKS?

HIGH BANKS is located on LANDER LANE in BELPER, in the DE56 postcode district. The below map shows the position of HIGH BANKS on LANDER LANE.