2, MIDLAND ROAD, HEANOR, DE75 7PN - £250,000

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 MIDLAND ROAD is a very large extended detached house of 137m², built sometime between 1950 and 1966, which could now be worth an estimated £271,267. It was last sold for £250,000 in September 2022, which was around 20% below the average September 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2022, where the current energy rating was D, and the potential energy rating was B.

2 MIDLAND ROAD Sold Prices

Land registry data shows two sales for 2 MIDLAND ROAD 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 MIDLAND ROAD 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 2 SEP	£250,000	£313,236	20% below HPI
1999 1 APR	£51,000	£70,573	28% below HPI

2 MIDLAND ROAD 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 MIDLAND ROAD sales from April 1999 and September 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 April 1999 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the September 2022 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

What might 2 MIDLAND ROAD be worth now?

2 MIDLAND ROAD might now be worth an estimated £271,267.

This is based on house price inflation of 8.5%, between September 2022 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 8.5% inflationary increase is applied to the most recent sale price for 2 MIDLAND ROAD of £250,000 on 2nd September 2022. For the value to have increased from £250,000 to £271,267 over the three years and seven months to February 2025, the following assumptions must hold true:

• The value of 2 MIDLAND ROAD has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2022 sale price of £250,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MIDLAND ROAD has not materially changed since September 2022.

How Large is 2 MIDLAND ROAD?

2 MIDLAND ROAD is 137m², which includes one extension, according to the EPC inspection conducted in February 2022. This puts it in the largest 20% of detached houses houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heanor, and where 2 MIDLAND ROAD lies on this distribution: 87% of detached houses houses are smaller than 2 MIDLAND ROAD, and 13% of houses are larger. Note that EPC data is not available for all properties in Heanor.

2 MIDLAND ROAD: Plot and Title Map

2 MIDLAND ROAD sits on a plot of roughly 0.168 of an acre, or 679m². The below map shows the location of 2 MIDLAND ROAD, 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 MIDLAND ROAD). 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 MIDLAND ROAD?

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