16, LAUND CLOSE, BELPER, DE56 1ET - £240,000

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.

16 LAUND CLOSE is a small detached house of 86m², built sometime between 1950 and 1966, which could now be worth an estimated £285,136. It was last sold for £240,000 in June 2021, which was around 16% below the average June 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was E, and the potential energy rating was C.

16 LAUND CLOSE Sold Prices

Land registry data shows two sales for 16 LAUND 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 16 LAUND 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
2021 18 JUN	£240,000	£286,080	16% below HPI
1995 20 SEP	£56,000	£58,987	5% below HPI

16 LAUND 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 16 LAUND CLOSE sales from September 1995 and June 2021 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 September 1995 sale was for 5% below the HPI. So the extrapolation line tracks at 5% below the HPI over time, until the June 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 16 LAUND CLOSE be worth now?

16 LAUND CLOSE might now be worth an estimated £285,136.

This is based on house price inflation of 18.8%, between June 2021 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 18.8% inflationary increase is applied to the most recent sale price for 16 LAUND CLOSE of £240,000 on 18th June 2021. For the value to have increased from £240,000 to £285,136 over the four years and four months to February 2025, the following assumptions must hold true:

• The value of 16 LAUND CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2021 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 16 LAUND CLOSE has not materially changed since June 2021.

How Large is 16 LAUND CLOSE?

16 LAUND CLOSE is 86m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 40% 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 16 LAUND CLOSE lies on this distribution: 33% of detached houses houses are smaller than 16 LAUND CLOSE, and 65% of houses are larger. Note that EPC data is not available for all properties in Belper.

16 LAUND CLOSE: Plot and Title Map

16 LAUND CLOSE sits on a plot of roughly 0.084 of an acre, or 340m². The below map shows the location of 16 LAUND 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 16 LAUND 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 16 LAUND CLOSE?

16 LAUND CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 16 on LAUND CLOSE.