2, KINGS CLOSE, HEANOR, DE75 7RD - £475,000

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

2 KINGS CLOSE is a very large extended detached house of 184m², built sometime between 1996 and 2002. It was last sold for £475,000 in January 2024, which was around 48% above the average January 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2023, where the current energy rating was C, and the potential energy rating was B.

2 KINGS CLOSE Sold Prices

Land registry data shows four sales for 2 KINGS 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 2 KINGS CLOSE sales were for above 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
2024 26 JAN	£475,000	£321,525	48% above HPI
2003 9 SEP	£232,500	£149,816	55% above HPI
2000 1 DEC	£122,500	£87,224	40% above HPI
1997 30 APR	£112,950	£63,948	77% above HPI

2 KINGS 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 2 KINGS CLOSE sales between April 1997 and January 2024 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 2003 sale was for 55% above the HPI. So the extrapolation line tracks at 55% above the HPI over time, until the January 2024 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

How Large is 2 KINGS CLOSE?

2 KINGS CLOSE is 184m², which includes two extensions, according to the EPC inspection conducted in August 2023. This puts it in the largest 10% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 2 KINGS CLOSE lies on this distribution: 97% of detached houses are smaller than 2 KINGS CLOSE, and 3% of houses are larger. Note that EPC data is not available for all properties in Heanor.

2 KINGS CLOSE: Plot and Title Map

2 KINGS CLOSE sits on a plot of roughly 0.121 of an acre, or 490m². The below map shows the location of 2 KINGS 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 2 KINGS 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 2 KINGS CLOSE?

2 KINGS CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 2 on KINGS CLOSE.