1B, BURNS STREET, HEANOR, DE75 7FY - £205,000

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

1B BURNS STREET is a midsized extended detached house of 105m², built sometime between 1930 and 1949. It was last sold for £205,000 in August 2021, which was around 28% below the average August 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2020, where the current energy rating was D, and the potential energy rating was C.

1B BURNS STREET Sold Prices

Land registry data shows three sales for 1B BURNS STREET since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 1B BURNS STREET 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 12 AUG	£205,000	£286,612	28% below HPI
2002 27 MAR	£73,000	£99,059	26% below HPI
1998 17 JUL	£46,500	£68,882	32% below HPI

1B BURNS 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 three 1B BURNS STREET sales between July 1998 and August 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 March 2002 sale was for 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the August 2021 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 1B BURNS STREET?

1B BURNS STREET is 105m², which includes three extensions, according to the EPC inspection conducted in October 2020. This puts it in the largest 50% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 1B BURNS STREET lies on this distribution: 56% of detached houses are smaller than 1B BURNS STREET, and 43% of houses are larger. Note that EPC data is not available for all properties in Heanor.

1B BURNS STREET: Plot and Title Map

1B BURNS STREET sits on a plot of roughly 0.046 of an acre, or 187m². The below map shows the location of 1B BURNS 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 1B BURNS 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 1B BURNS STREET?

1B BURNS STREET is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 1B on BURNS STREET.