FOURWAYS, OPENWOODGATE, BELPER, DE56 0SD - £175,000

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.

FOURWAYS is a midsized semi-detached house of 80m², built sometime between 1930 and 1949, which could now be worth an estimated £253,420. It was last sold for £175,000 in March 2019, which was around 14% above the average March 2019 semi-detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2018, where the current energy rating was E, and the potential energy rating was B.

FOURWAYS Sold Prices

Land registry data shows one sale for FOURWAYS since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Amber Valley local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2019 29 MAR	£175,000	£154,035	14% above HPI

What might FOURWAYS be worth now?

FOURWAYS might now be worth an estimated £253,420.

This is based on house price inflation of 44.8%, between March 2019 and May 2026, for semi-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 44.8% inflationary increase is applied to the most recent sale price for FOURWAYS of £175,000 on 29th March 2019. For the value to have increased from £175,000 to £253,420 over the six years and ten months to May 2026, the following assumptions must hold true:

• The value of FOURWAYS has moved in line with the HPI for semi-detached houses in the Amber Valley local authority area.
• The March 2019 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of FOURWAYS has not materially changed since March 2019.

How Large is FOURWAYS?

FOURWAYS is 80m² according to the EPC inspection conducted in November 2018. This puts it in the largest 50% of semi-detached houses in Belper, based on EPC data. The below chart shows the distribution of semi-detached houses by size in Belper, and where FOURWAYS lies on this distribution: 49% of semi-detached houses are smaller than FOURWAYS, and 49% of semi-detached houses are larger. Note that EPC data is not available for all properties in Belper.

FOURWAYS: Plot

FOURWAYS sits on a plot of roughly 0.075 of an acre, or 304m².

Where is FOURWAYS?

FOURWAYS is located on OPENWOODGATE in BELPER, in the DE56 postcode district.