1, BUCKINGHAM DRIVE, HEANOR, DE75 7TY - £160,000

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 BUCKINGHAM DRIVE is a small detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £280,192. It was last sold for £160,000 in February 2014, which was around 18% below the average February 2014 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2013, where the current energy rating was D, and the potential energy rating was B.

1 BUCKINGHAM DRIVE Sold Prices

Land registry data shows three sales for 1 BUCKINGHAM DRIVE 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. All of the three 1 BUCKINGHAM DRIVE 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
2014 5 FEB	£160,000	£194,085	18% below HPI
2008 10 JUL	£164,000	£198,015	17% below HPI
2000 21 JUL	£68,250	£81,020	16% below HPI

1 BUCKINGHAM DRIVE 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 BUCKINGHAM DRIVE sales between July 2000 and February 2014 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 2008 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the February 2014 sale, where it falls to 18% below the HPI. The line then continues to track at 18% below the HPI.

What might 1 BUCKINGHAM DRIVE be worth now?

1 BUCKINGHAM DRIVE might now be worth an estimated £280,192.

This is based on house price inflation of 75.1%, between February 2014 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 75.1% inflationary increase is applied to the most recent sale price for 1 BUCKINGHAM DRIVE of £160,000 on 5th February 2014. For the value to have increased from £160,000 to £280,192 over the eleven years to February 2025, the following assumptions must hold true:

• The value of 1 BUCKINGHAM DRIVE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2014 sale price of £160,000 represented a fair market value for the property.
• The size, condition, and specification of 1 BUCKINGHAM DRIVE has not materially changed since February 2014.

How Large is 1 BUCKINGHAM DRIVE?

1 BUCKINGHAM DRIVE is 88m² according to the EPC inspection conducted in November 2013. 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 BUCKINGHAM DRIVE lies on this distribution: 34% of detached houses houses are smaller than 1 BUCKINGHAM DRIVE, and 64% of houses are larger. Note that EPC data is not available for all properties in Heanor.

1 BUCKINGHAM DRIVE: Plot and Title Map

1 BUCKINGHAM DRIVE sits on a plot of roughly 0.058 of an acre, or 236m². The below map shows the location of 1 BUCKINGHAM DRIVE, 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 BUCKINGHAM DRIVE). 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 BUCKINGHAM DRIVE?

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