2, LOOM CLOSE, BELPER, DE56 0GZ - £290,000

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

2 LOOM CLOSE is a very small extended detached house of 74m², built sometime between 1996 and 2002. It was last sold for £290,000 in July 2024, which was around 13% below the average July 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2020, where the current energy rating was C, and the potential energy rating was B.

2 LOOM CLOSE Sold Prices

Land registry data shows five sales for 2 LOOM CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the five 2 LOOM 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
2024 8 JUL	£290,000	£333,371	13% below HPI
2022 9 MAY	£275,000	£301,538	9% below HPI
2002 4 OCT	£115,000	£122,773	6% below HPI
2001 14 AUG	£68,000	£94,301	28% below HPI
1998 2 DEC	£63,335	£70,708	10% below HPI

2 LOOM 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 five 2 LOOM CLOSE sales between December 1998 and July 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 May 2022 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the July 2024 sale, where it falls to 13% below the HPI. The line then continues to track at 13% below the HPI.

How Large is 2 LOOM CLOSE?

2 LOOM CLOSE is 74m², which includes one extension, according to the EPC inspection conducted in December 2020. This puts it in the smallest 20% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 2 LOOM CLOSE lies on this distribution: 18% of detached houses are smaller than 2 LOOM CLOSE, and 81% of houses are larger. Note that EPC data is not available for all properties in Belper.

2 LOOM CLOSE: Plot and Title Map

2 LOOM CLOSE sits on a plot of roughly 0.066 of an acre, or 267m². The below map shows the location of 2 LOOM 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 LOOM 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 LOOM CLOSE?

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