1, SOAR CLOSE, BELPER, DE56 0AE - £231,000

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 SOAR CLOSE is a small detached house of 83m², which could now be worth an estimated £305,053. It was last sold for £231,000 in May 2020, which was around 10% below the average May 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2015, where the current energy rating was B, and the potential energy rating was B.

1 SOAR CLOSE Sold Prices

Land registry data shows two sales for 1 SOAR CLOSE 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 SOAR CLOSE 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
2020 7 MAY	£231,000	£257,374	10% below HPI
2015 26 JUN	£194,950	£205,294	5% below HPI

1 SOAR CLOSE 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 SOAR CLOSE sales from June 2015 and May 2020 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 2015 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the May 2020 sale, where it falls to 10% below the HPI. The line then continues to track at 10% below the HPI.

What might 1 SOAR CLOSE be worth now?

1 SOAR CLOSE might now be worth an estimated £305,053.

This is based on house price inflation of 32.1%, between May 2020 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 32.1% inflationary increase is applied to the most recent sale price for 1 SOAR CLOSE of £231,000 on 7th May 2020. For the value to have increased from £231,000 to £305,053 over the five years and three months to February 2025, the following assumptions must hold true:

• The value of 1 SOAR CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2020 sale price of £231,000 represented a fair market value for the property.
• The size, condition, and specification of 1 SOAR CLOSE has not materially changed since May 2020.

How Large is 1 SOAR CLOSE?

1 SOAR CLOSE is 83m² according to the EPC inspection conducted in May 2015. This puts it in the smallest 30% 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 SOAR CLOSE lies on this distribution: 28% of detached houses houses are smaller than 1 SOAR CLOSE, and 70% of houses are larger. Note that EPC data is not available for all properties in Belper.

1 SOAR CLOSE: Plot and Title Map

1 SOAR CLOSE sits on a plot of roughly 0.070 of an acre, or 284m². The below map shows the location of 1 SOAR CLOSE, 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 SOAR CLOSE). 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 SOAR CLOSE?

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