1, BIRCHFIELD PARK, HEANOR, DE75 7UP - £295,000

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.

1 BIRCHFIELD PARK is a small extended detached house of 89m², built sometime between 2003 and 2006, which could now be worth an estimated £320,095. It was last sold for £295,000 in September 2022, which was around 6% below the average September 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2021, where the current energy rating was C, and the potential energy rating was B.

1 BIRCHFIELD PARK Sold Prices

Land registry data shows three sales for 1 BIRCHFIELD PARK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Two of the three 1 BIRCHFIELD PARK sales were for below the average price, whilst one was for 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
2022 21 SEP	£295,000	£313,236	6% below HPI
2017 27 JAN	£190,000	£218,747	13% below HPI
2014 28 JUL	£201,000	£196,646	2% above HPI

1 BIRCHFIELD PARK 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 three 1 BIRCHFIELD PARK sales between July 2014 and September 2022 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 January 2017 sale was for 13% below the HPI. So the extrapolation line tracks at 13% below the HPI over time, until the September 2022 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 1 BIRCHFIELD PARK be worth now?

1 BIRCHFIELD PARK might now be worth an estimated £320,095.

This is based on house price inflation of 8.5%, between September 2022 and February 2025, for 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 8.5% inflationary increase is applied to the most recent sale price for 1 BIRCHFIELD PARK of £295,000 on 21st September 2022. For the value to have increased from £295,000 to £320,095 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 1 BIRCHFIELD PARK has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2022 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BIRCHFIELD PARK has not materially changed since September 2022.

How Large is 1 BIRCHFIELD PARK?

1 BIRCHFIELD PARK is 89m², which includes one extension, according to the EPC inspection conducted in November 2021. This puts it in the smallest 40% of detached houses houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heanor, and where 1 BIRCHFIELD PARK lies on this distribution: 36% of detached houses houses are smaller than 1 BIRCHFIELD PARK, and 63% of houses are larger. Note that EPC data is not available for all properties in Heanor.

1 BIRCHFIELD PARK: Plot and Title Map

1 BIRCHFIELD PARK sits on a plot of roughly 0.067 of an acre, or 271m². The below map shows the location of 1 BIRCHFIELD PARK, 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 1 BIRCHFIELD PARK). 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 1 BIRCHFIELD PARK?

1 BIRCHFIELD PARK is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 1 on BIRCHFIELD PARK.