18, BALMORAL CLOSE, HEANOR, DE75 7SN - £220,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

18 BALMORAL CLOSE is a small semi-detached house of 87m², built sometime between 1996 and 2002. It was last sold for £220,000 in December 2023, which was around 33% below the average December 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2023, where the current energy rating was D, and the potential energy rating was B.

18 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 18 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. All of the four 18 BALMORAL 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
2023 15 DEC	£220,000	£328,262	33% below HPI
2006 3 MAR	£140,000	£186,382	25% below HPI
2003 19 MAY	£123,000	£138,648	11% below HPI
2000 31 MAR	£67,000	£78,928	15% below HPI

18 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 18 BALMORAL CLOSE sales between March 2000 and December 2023 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 March 2006 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the December 2023 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 18 BALMORAL CLOSE?

18 BALMORAL CLOSE is 87m² according to the EPC inspection conducted in June 2023. This puts it in the smallest 40% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 18 BALMORAL CLOSE lies on this distribution: 33% of detached houses are smaller than 18 BALMORAL CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Heanor.

18 BALMORAL CLOSE: Plot and Title Map

18 BALMORAL CLOSE sits on a plot of roughly 0.051 of an acre, or 205m². The below map shows the location of 18 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 18 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 18 BALMORAL CLOSE?

18 BALMORAL CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 18 on BALMORAL CLOSE.