2, PINE CLOSE, SMALLEY, ILKESTON, DE7 6EH - £340,000

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 PINE CLOSE is a midsized detached house of 117m², built sometime between 1967 and 1975, which could now be worth an estimated £562,899. It was last sold for £340,000 in June 2015, which was around 66% above the average June 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2011, where the current energy rating was D, and the potential energy rating was C.

2 PINE CLOSE Sold Prices

Land registry data shows two sales for 2 PINE 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 PINE CLOSE 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
2015 24 JUN	£340,000	£205,294	66% above HPI
2008 4 APR	£250,000	£196,431	27% above HPI

2 PINE 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 PINE CLOSE sales from April 2008 and June 2015 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 2008 sale was for 27% above the HPI. So the extrapolation line tracks at 27% above the HPI over time, until the June 2015 sale, where it rises to 66% above the HPI. The line then continues to track at 66% above the HPI.

What might 2 PINE CLOSE be worth now?

2 PINE CLOSE might now be worth an estimated £562,899.

This is based on house price inflation of 65.6%, between June 2015 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 65.6% inflationary increase is applied to the most recent sale price for 2 PINE CLOSE of £340,000 on 24th June 2015. For the value to have increased from £340,000 to £562,899 over the ten years and four months to February 2025, the following assumptions must hold true:

• The value of 2 PINE CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2015 sale price of £340,000 represented a fair market value for the property.
• The size, condition, and specification of 2 PINE CLOSE has not materially changed since June 2015.

How Large is 2 PINE CLOSE?

2 PINE CLOSE is 117m² according to the EPC inspection conducted in July 2011. This puts it in the largest 50% of detached houses houses in Smalley, based on EPC data. The below chart shows the distribution of detached houses houses by size in Smalley, and where 2 PINE CLOSE lies on this distribution: 59% of detached houses houses are smaller than 2 PINE CLOSE, and 41% of houses are larger. Note that EPC data is not available for all properties in Smalley.

2 PINE CLOSE: Plot and Title Map

2 PINE CLOSE sits on a plot of roughly 0.269 of an acre, or 1,088m². The below map shows the location of 2 PINE 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 PINE 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 PINE CLOSE?

2 PINE CLOSE is located in SMALLEY, in the DE7 postcode district. The below map shows the position of No. 2 on PINE CLOSE.