2, RAVENOAK CLOSE, BELPER, DE56 1NY - £81,000

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 RAVENOAK CLOSE is a very small extended detached house of 70m², built sometime between 1967 and 1975, which could now be worth an estimated £314,429. It was last sold for £81,000 in February 2001, which was around 7% below the average February 2001 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 RAVENOAK CLOSE Sold Prices

Land registry data shows two sales for 2 RAVENOAK 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 RAVENOAK 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
2001 28 FEB	£81,000	£87,557	7% below HPI
1998 18 SEP	£53,000	£70,936	25% below HPI

2 RAVENOAK 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 RAVENOAK CLOSE sales from September 1998 and February 2001 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 September 1998 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the February 2001 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.

What might 2 RAVENOAK CLOSE be worth now?

2 RAVENOAK CLOSE might now be worth an estimated £314,429.

This is based on house price inflation of 288.2%, between February 2001 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 288.2% inflationary increase is applied to the most recent sale price for 2 RAVENOAK CLOSE of £81,000 on 28th February 2001. For the value to have increased from £81,000 to £314,429 over the 24 years to February 2025, the following assumptions must hold true:

• The value of 2 RAVENOAK CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2001 sale price of £81,000 represented a fair market value for the property.
• The size, condition, and specification of 2 RAVENOAK CLOSE has not materially changed since February 2001.

How Large is 2 RAVENOAK CLOSE?

2 RAVENOAK CLOSE is 70m², which includes one extension, according to the EPC inspection conducted in March 2014. This puts it in the smallest 20% 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 RAVENOAK CLOSE lies on this distribution: 13% of detached houses houses are smaller than 2 RAVENOAK CLOSE, and 86% of houses are larger. Note that EPC data is not available for all properties in Belper.

2 RAVENOAK CLOSE: Plot and Title Map

2 RAVENOAK CLOSE sits on a plot of roughly 0.116 of an acre, or 469m². The below map shows the location of 2 RAVENOAK 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 RAVENOAK 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 RAVENOAK CLOSE?

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