2, OVERSTONE CLOSE, BELPER, DE56 0ET - £240,000

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 OVERSTONE CLOSE is a small extended detached house of 89m², built sometime between 1996 and 2002, which could now be worth an estimated £322,790. It was last sold for £240,000 in December 2019, which was around 5% below the average December 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2012, where the current energy rating was D, and the potential energy rating was C.

2 OVERSTONE CLOSE Sold Prices

Land registry data shows two sales for 2 OVERSTONE CLOSE 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 OVERSTONE 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
2019 20 DEC	£240,000	£252,708	5% below HPI
2007 29 OCT	£189,950	£209,694	9% below HPI

2 OVERSTONE 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 two 2 OVERSTONE CLOSE sales from October 2007 and December 2019 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 2007 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the December 2019 sale, where it rises to 5% below the HPI. The line then continues to track at 5% below the HPI.

What might 2 OVERSTONE CLOSE be worth now?

2 OVERSTONE CLOSE might now be worth an estimated £322,790.

This is based on house price inflation of 34.5%, between December 2019 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 34.5% inflationary increase is applied to the most recent sale price for 2 OVERSTONE CLOSE of £240,000 on 20th December 2019. For the value to have increased from £240,000 to £322,790 over the six years and ten months to February 2025, the following assumptions must hold true:

• The value of 2 OVERSTONE CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The December 2019 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OVERSTONE CLOSE has not materially changed since December 2019.

How Large is 2 OVERSTONE CLOSE?

2 OVERSTONE CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in February 2012. This puts it in the smallest 40% 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 OVERSTONE CLOSE lies on this distribution: 37% of detached houses houses are smaller than 2 OVERSTONE CLOSE, and 63% of houses are larger. Note that EPC data is not available for all properties in Belper.

2 OVERSTONE CLOSE: Plot and Title Map

2 OVERSTONE CLOSE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 2 OVERSTONE 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 OVERSTONE 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 OVERSTONE CLOSE?

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