12, PENN STREET, BELPER, DE56 1GH - £310,000

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.

12 PENN STREET is a very large detached house of 138m², built sometime before 1900, which could now be worth an estimated £470,410. It was last sold for £310,000 in November 2016, which was around 38% above the average November 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

12 PENN STREET Sold Prices

Land registry data shows five sales for 12 PENN STREET 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. Most of the five 12 PENN STREET 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
2016 17 NOV	£310,000	£223,982	38% above HPI
2011 7 JAN	£230,000	£180,777	27% above HPI
2003 17 APR	£142,950	£139,163	3% above HPI
2002 14 NOV	£85,000	£122,641	31% below HPI
1997 27 MAR	£77,500	£62,529	24% above HPI

12 PENN STREET 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 12 PENN STREET sales between March 1997 and November 2016 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 January 2011 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the November 2016 sale, where it rises to 38% above the HPI. The line then continues to track at 38% above the HPI.

What might 12 PENN STREET be worth now?

12 PENN STREET might now be worth an estimated £470,410.

This is based on house price inflation of 51.7%, between November 2016 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 51.7% inflationary increase is applied to the most recent sale price for 12 PENN STREET of £310,000 on 17th November 2016. For the value to have increased from £310,000 to £470,410 over the nine years and nine months to February 2025, the following assumptions must hold true:

• The value of 12 PENN STREET has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The November 2016 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 12 PENN STREET has not materially changed since November 2016.

How Large is 12 PENN STREET?

12 PENN STREET is 138m² according to the EPC inspection conducted in March 2019. This puts it in the largest 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 12 PENN STREET lies on this distribution: 87% of detached houses houses are smaller than 12 PENN STREET, and 13% of houses are larger. Note that EPC data is not available for all properties in Belper.

12 PENN STREET: Plot and Title Map

12 PENN STREET sits on a plot of roughly 0.072 of an acre, or 290m². The below map shows the location of 12 PENN STREET, 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 12 PENN STREET). 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 12 PENN STREET?

12 PENN STREET is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 12 on PENN STREET.