2, NEW ROAD, HEAGE, BELPER, DE56 2BA - £245,000

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 NEW ROAD is a midsized extended detached house of 106m², built sometime between 1983 and 1990. It was last sold for £245,000 in January 2006, which was around 34% above the average January 2006 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was C.

2 NEW ROAD Sold Prices

Land registry data shows three sales for 2 NEW ROAD 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 2 NEW ROAD 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
2006 13 JAN	£245,000	£183,303	34% above HPI
2000 4 OCT	£132,000	£84,364	56% above HPI
1999 16 JUL	£91,500	£74,686	23% above HPI

2 NEW 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 three 2 NEW ROAD sales between July 1999 and January 2006 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 October 2000 sale was for 56% above the HPI. So the extrapolation line tracks at 56% above the HPI over time, until the January 2006 sale, where it falls to 34% above the HPI. The line then continues to track at 34% above the HPI.

How Large is 2 NEW ROAD?

2 NEW ROAD is 106m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the largest 50% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where 2 NEW ROAD lies on this distribution: 54% of detached houses are smaller than 2 NEW ROAD, and 46% of houses are larger. Note that EPC data is not available for all properties in Heage.

2 NEW ROAD: Plot and Title Map

2 NEW ROAD sits on a plot of roughly 0.128 of an acre, or 519m². The below map shows the location of 2 NEW 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 NEW 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 NEW ROAD?

2 NEW ROAD is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 2 on NEW ROAD.