2, WELLINGTON STREET, HEANOR, DE75 7FW - £180,000

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 WELLINGTON STREET is a small extended detached house of 86m², built sometime between 1900 and 1929, which could now be worth an estimated £196,601. It was last sold for £180,000 in August 2023, which was around 42% below the average August 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.

2 WELLINGTON STREET Sold Prices

Land registry data shows three sales for 2 WELLINGTON STREET 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 WELLINGTON STREET 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
2023 18 AUG	£180,000	£311,182	42% below HPI
2021 27 AUG	£150,000	£281,621	47% below HPI
1997 7 NOV	£20,000	£65,445	69% below HPI

2 WELLINGTON STREET 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 WELLINGTON STREET sales between November 1997 and August 2023 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 August 2021 sale was for 47% below the HPI. So the extrapolation line tracks at 47% below the HPI over time, until the August 2023 sale, where it rises to 42% below the HPI. The line then continues to track at 42% below the HPI.

What might 2 WELLINGTON STREET be worth now?

2 WELLINGTON STREET might now be worth an estimated £196,601.

This is based on house price inflation of 9.2%, between August 2023 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 9.2% inflationary increase is applied to the most recent sale price for 2 WELLINGTON STREET of £180,000 on 18th August 2023. For the value to have increased from £180,000 to £196,601 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 2 WELLINGTON STREET has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The August 2023 sale price of £180,000 represented a fair market value for the property.
• The size, condition, and specification of 2 WELLINGTON STREET has not materially changed since August 2023.

How Large is 2 WELLINGTON STREET?

2 WELLINGTON STREET is 86m², which includes one extension, according to the EPC inspection conducted in June 2021. This puts it in the smallest 40% 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 WELLINGTON STREET lies on this distribution: 31% of detached houses houses are smaller than 2 WELLINGTON STREET, and 67% of houses are larger. Note that EPC data is not available for all properties in Heanor.

2 WELLINGTON STREET: Plot and Title Map

2 WELLINGTON STREET sits on a plot of roughly 0.045 of an acre, or 182m². The below map shows the location of 2 WELLINGTON STREET, 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 WELLINGTON STREET). 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 WELLINGTON STREET?

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