1, LAKE GARDENS, LOSCOE, HEANOR, DE75 7JN - £245,000

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 LAKE GARDENS is a very large detached house of 139m², built sometime between 2003 and 2006, which could now be worth an estimated £405,619. It was last sold for £245,000 in June 2015, which was around 19% above the average June 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2013, where the current energy rating was C, and the potential energy rating was B.

1 LAKE GARDENS Sold Prices

Land registry data shows two sales for 1 LAKE GARDENS 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 1 LAKE GARDENS sales were 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
2015 15 JUN	£245,000	£205,294	19% above HPI
2005 22 JUL	£249,950	£183,651	36% above HPI

1 LAKE GARDENS 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 1 LAKE GARDENS sales from July 2005 and June 2015 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 2005 sale was for 36% above the HPI. So the extrapolation line tracks at 36% above the HPI over time, until the June 2015 sale, where it falls to 19% above the HPI. The line then continues to track at 19% above the HPI.

What might 1 LAKE GARDENS be worth now?

1 LAKE GARDENS might now be worth an estimated £405,619.

This is based on house price inflation of 65.6%, between June 2015 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 65.6% inflationary increase is applied to the most recent sale price for 1 LAKE GARDENS of £245,000 on 15th June 2015. For the value to have increased from £245,000 to £405,619 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 1 LAKE GARDENS has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2015 sale price of £245,000 represented a fair market value for the property.
• The size, condition, and specification of 1 LAKE GARDENS has not materially changed since June 2015.

How Large is 1 LAKE GARDENS?

1 LAKE GARDENS is 139m² according to the EPC inspection conducted in June 2013. This puts it in the largest 20% 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 LAKE GARDENS lies on this distribution: 88% of detached houses houses are smaller than 1 LAKE GARDENS, and 12% of houses are larger. Note that EPC data is not available for all properties in Heanor.

1 LAKE GARDENS: Plot and Title Map

1 LAKE GARDENS sits on a plot of roughly 0.095 of an acre, or 385m². The below map shows the location of 1 LAKE GARDENS, 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 LAKE GARDENS). 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 LAKE GARDENS?

1 LAKE GARDENS is located in LOSCOE, in the DE75 postcode district. The below map shows the position of No. 1 on LAKE GARDENS.