22, BALMORAL CLOSE, HEANOR, DE75 7SN - £165,000

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.

22 BALMORAL CLOSE is a midsized detached house of 102m², built sometime between 1996 and 2002, which could now be worth an estimated £307,822. It was last sold for £165,000 in September 2011, which was around 9% below the average September 2011 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2011, where the current energy rating was D, and the potential energy rating was D.

22 BALMORAL CLOSE Sold Prices

Land registry data shows two sales for 22 BALMORAL 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. One of the two 22 BALMORAL CLOSE sales was for below the average price, whilst the other was 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
2011 9 SEP	£165,000	£182,185	9% below HPI
1999 17 DEC	£77,950	£77,113	1% above HPI

22 BALMORAL 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 22 BALMORAL CLOSE sales from December 1999 and September 2011 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 December 1999 sale was for 1% above the HPI. So the extrapolation line tracks at 1% above the HPI over time, until the September 2011 sale, where it falls to 9% below the HPI. The line then continues to track at 9% below the HPI.

What might 22 BALMORAL CLOSE be worth now?

22 BALMORAL CLOSE might now be worth an estimated £307,822.

This is based on house price inflation of 86.6%, between September 2011 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 86.6% inflationary increase is applied to the most recent sale price for 22 BALMORAL CLOSE of £165,000 on 9th September 2011. For the value to have increased from £165,000 to £307,822 over the fourteen years and seven months to February 2025, the following assumptions must hold true:

• The value of 22 BALMORAL CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The September 2011 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of 22 BALMORAL CLOSE has not materially changed since September 2011.

How Large is 22 BALMORAL CLOSE?

22 BALMORAL CLOSE is 102m² according to the EPC inspection conducted in August 2011. This puts it in the largest 50% 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 22 BALMORAL CLOSE lies on this distribution: 53% of detached houses houses are smaller than 22 BALMORAL CLOSE, and 47% of houses are larger. Note that EPC data is not available for all properties in Heanor.

22 BALMORAL CLOSE: Plot and Title Map

22 BALMORAL CLOSE sits on a plot of roughly 0.080 of an acre, or 324m². The below map shows the location of 22 BALMORAL 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 22 BALMORAL 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 22 BALMORAL CLOSE?

22 BALMORAL CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 22 on BALMORAL CLOSE.