2, LANCASTER RISE, BELPER, DE56 1HF - £270,000

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.

2 LANCASTER RISE is a very large detached house of 131m², built sometime between 1996 and 2002, which could now be worth an estimated £504,298. It was last sold for £270,000 in February 2013, which was around 48% above the average February 2013 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2012, where the current energy rating was D, and the potential energy rating was B.

2 LANCASTER RISE Sold Prices

Land registry data shows two sales for 2 LANCASTER RISE 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 2 LANCASTER RISE 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
2013 1 FEB	£270,000	£181,972	48% above HPI
2001 25 MAY	£143,950	£91,341	58% above HPI

2 LANCASTER RISE 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 2 LANCASTER RISE sales from May 2001 and February 2013 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 May 2001 sale was for 58% above the HPI. So the extrapolation line tracks at 58% above the HPI over time, until the February 2013 sale, where it falls to 48% above the HPI. The line then continues to track at 48% above the HPI.

What might 2 LANCASTER RISE be worth now?

2 LANCASTER RISE might now be worth an estimated £504,298.

This is based on house price inflation of 86.8%, between February 2013 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 86.8% inflationary increase is applied to the most recent sale price for 2 LANCASTER RISE of £270,000 on 1st February 2013. For the value to have increased from £270,000 to £504,298 over the twelve years to February 2025, the following assumptions must hold true:

• The value of 2 LANCASTER RISE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2013 sale price of £270,000 represented a fair market value for the property.
• The size, condition, and specification of 2 LANCASTER RISE has not materially changed since February 2013.

How Large is 2 LANCASTER RISE?

2 LANCASTER RISE is 131m² according to the EPC inspection conducted in October 2012. This puts it in the largest 20% 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 2 LANCASTER RISE lies on this distribution: 82% of detached houses houses are smaller than 2 LANCASTER RISE, and 17% of houses are larger. Note that EPC data is not available for all properties in Belper.

2 LANCASTER RISE: Plot and Title Map

2 LANCASTER RISE sits on a plot of roughly 0.098 of an acre, or 398m². The below map shows the location of 2 LANCASTER RISE, 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 LANCASTER RISE). 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 LANCASTER RISE?

2 LANCASTER RISE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 2 on LANCASTER RISE.