Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources
1 PINGLE LANE is a small extended detached house of 86m², built sometime before 1900. It was last sold for £200,000 in July 2011, which was around 9% above the average July 2011 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2009, where the current energy rating was E, and the potential energy rating was E.
Land registry data shows two sales for 1 PINGLE LANE since 1st 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. One of the two 1 PINGLE LANE sales was for above the average price, whilst the other was 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 |
---|---|---|---|
2011 27 JUL | £200,000 | £182,831 | 9% above HPI |
1995 30 JUN | £35,686 | £60,732 | 41% below HPI |
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 PINGLE LANE sales from June 1995 and July 2011 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 June 1995 sale was for 41% below the HPI. So the extrapolation line tracks at 41% below the HPI over time, until the July 2011 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.
1 PINGLE LANE is 86m², which includes two extensions, according to the EPC inspection conducted in February 2009. This puts it in the smallest 40% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 1 PINGLE LANE lies on this distribution: 35% of detached houses are smaller than 1 PINGLE LANE, and 65% of houses are larger. Note that EPC data is not available for all properties in Belper.
1 PINGLE LANE sits on a plot of roughly 0.046 of an acre, or 188m². The below map shows the location of 1 PINGLE LANE, 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 PINGLE LANE). 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.
1 PINGLE LANE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 1 on PINGLE LANE.