18, PURCHASE AVENUE, LOSCOE, HEANOR, DE75 7GB - £210,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

18 PURCHASE AVENUE is a very small detached house of 71m², built sometime between 1950 and 1966. It was last sold for £210,000 in April 2022, which was around 30% below the average April 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2017, where the current energy rating was D, and the potential energy rating was B.

18 PURCHASE AVENUE Sold Prices

Land registry data shows two sales for 18 PURCHASE AVENUE 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 18 PURCHASE AVENUE 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
2022 19 APR	£210,000	£300,203	30% below HPI
2018 19 JAN	£155,000	£241,895	36% below HPI

18 PURCHASE AVENUE 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 18 PURCHASE AVENUE sales from January 2018 and April 2022 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 2018 sale was for 36% below the HPI. So the extrapolation line tracks at 36% below the HPI over time, until the April 2022 sale, where it rises to 30% below the HPI. The line then continues to track at 30% below the HPI.

How Large is 18 PURCHASE AVENUE?

18 PURCHASE AVENUE is 71m² according to the EPC inspection conducted in October 2017. This puts it in the smallest 20% 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 PURCHASE AVENUE lies on this distribution: 13% of detached houses are smaller than 18 PURCHASE AVENUE, and 87% of houses are larger. Note that EPC data is not available for all properties in Heanor.

18 PURCHASE AVENUE: Plot and Title Map

18 PURCHASE AVENUE sits on a plot of roughly 0.132 of an acre, or 533m². The below map shows the location of 18 PURCHASE AVENUE, 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 PURCHASE AVENUE). 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 PURCHASE AVENUE?

18 PURCHASE AVENUE is located in LOSCOE, in the DE75 postcode district. The below map shows the position of No. 18 on PURCHASE AVENUE.