1, NORBURY WAY, BELPER, DE56 1TW - £215,000

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 NORBURY WAY is a very small detached house of 72m², built sometime between 1991 and 1995, which could now be worth an estimated £299,199. It was last sold for £215,000 in August 2018, which was around 12% below the average August 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2012, where the current energy rating was C, and the potential energy rating was B.

1 NORBURY WAY Sold Prices

Land registry data shows five sales for 1 NORBURY WAY since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the five 1 NORBURY WAY 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
2018 24 AUG	£215,000	£244,234	12% below HPI
2013 21 MAR	£160,000	£179,954	11% below HPI
2002 31 MAY	£95,500	£100,522	5% below HPI
2000 19 MAY	£71,000	£78,387	9% below HPI
1997 11 APR	£57,500	£62,835	8% below HPI

1 NORBURY WAY 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 five 1 NORBURY WAY sales between April 1997 and August 2018 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 March 2013 sale was for 11% below the HPI. So the extrapolation line tracks at 11% below the HPI over time, until the August 2018 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

What might 1 NORBURY WAY be worth now?

1 NORBURY WAY might now be worth an estimated £299,199.

This is based on house price inflation of 39.2%, between August 2018 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 39.2% inflationary increase is applied to the most recent sale price for 1 NORBURY WAY of £215,000 on 24th August 2018. For the value to have increased from £215,000 to £299,199 over the seven years and six months to February 2025, the following assumptions must hold true:

• The value of 1 NORBURY WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The August 2018 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 1 NORBURY WAY has not materially changed since August 2018.

How Large is 1 NORBURY WAY?

1 NORBURY WAY is 72m² according to the EPC inspection conducted in September 2012. This puts it in the smallest 20% of detached houses houses in Belper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belper, and where 1 NORBURY WAY lies on this distribution: 15% of detached houses houses are smaller than 1 NORBURY WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Belper.

1 NORBURY WAY: Plot and Title Map

1 NORBURY WAY sits on a plot of roughly 0.060 of an acre, or 244m². The below map shows the location of 1 NORBURY WAY, 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 NORBURY WAY). 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 NORBURY WAY?

1 NORBURY WAY is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 1 on NORBURY WAY.