14, BALMORAL CLOSE, HEANOR, DE75 7SN - £189,000

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.

14 BALMORAL CLOSE is a large detached house of 119m², built sometime between 1996 and 2002, which could now be worth an estimated £351,160. It was last sold for £189,000 in August 2011, which was around 3% above the average August 2011 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2010, where the current energy rating was D, and the potential energy rating was C.

14 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 14 BALMORAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. two of the four 14 BALMORAL CLOSE sales were for above the average price, and four 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
2011 19 AUG	£189,000	£182,930	3% above HPI
2008 24 NOV	£169,950	£184,288	8% below HPI
2006 4 APR	£145,000	£182,379	20% below HPI
2000 16 FEB	£83,252	£76,794	8% above HPI

14 BALMORAL 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 four 14 BALMORAL CLOSE sales between February 2000 and August 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 November 2008 sale was for 8% below the HPI. So the extrapolation line tracks at 8% below the HPI over time, until the August 2011 sale, where it rises to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 14 BALMORAL CLOSE be worth now?

14 BALMORAL CLOSE might now be worth an estimated £351,160.

This is based on house price inflation of 85.8%, between August 2011 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 85.8% inflationary increase is applied to the most recent sale price for 14 BALMORAL CLOSE of £189,000 on 19th August 2011. For the value to have increased from £189,000 to £351,160 over the fourteen years and six months to February 2025, the following assumptions must hold true:

• The value of 14 BALMORAL CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The August 2011 sale price of £189,000 represented a fair market value for the property.
• The size, condition, and specification of 14 BALMORAL CLOSE has not materially changed since August 2011.

How Large is 14 BALMORAL CLOSE?

14 BALMORAL CLOSE is 119m² according to the EPC inspection conducted in February 2010. This puts it in the largest 30% 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 14 BALMORAL CLOSE lies on this distribution: 75% of detached houses houses are smaller than 14 BALMORAL CLOSE, and 25% of houses are larger. Note that EPC data is not available for all properties in Heanor.

14 BALMORAL CLOSE: Plot and Title Map

14 BALMORAL CLOSE sits on a plot of roughly 0.059 of an acre, or 238m². The below map shows the location of 14 BALMORAL 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 14 BALMORAL 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 14 BALMORAL CLOSE?

14 BALMORAL CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 14 on BALMORAL CLOSE.