22, LAUND CLOSE, BELPER, DE56 1ET - £150,000

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 LAUND CLOSE is a very small detached house of 66m², built sometime between 1950 and 1966, which could now be worth an estimated £242,987. It was last sold for £150,000 in July 2015, which was around 29% below the average July 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2014, where the current energy rating was D, and the potential energy rating was B.

22 LAUND CLOSE Sold Prices

Land registry data shows five sales for 22 LAUND CLOSE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the five 22 LAUND 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
2015 17 JUL	£150,000	£209,815	29% below HPI
2010 30 NOV	£140,000	£186,396	25% below HPI
2007 28 JUN	£170,000	£199,695	15% below HPI
2003 24 FEB	£123,000	£133,643	8% below HPI
1996 7 JUN	£45,000	£63,256	29% below HPI

22 LAUND 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 five 22 LAUND CLOSE sales between June 1996 and July 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 November 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the July 2015 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

What might 22 LAUND CLOSE be worth now?

22 LAUND CLOSE might now be worth an estimated £242,987.

This is based on house price inflation of 62%, between July 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 62% inflationary increase is applied to the most recent sale price for 22 LAUND CLOSE of £150,000 on 17th July 2015. For the value to have increased from £150,000 to £242,987 over the ten years and five months to February 2025, the following assumptions must hold true:

• The value of 22 LAUND CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The July 2015 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 22 LAUND CLOSE has not materially changed since July 2015.

How Large is 22 LAUND CLOSE?

22 LAUND CLOSE is 66m² according to the EPC inspection conducted in December 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 22 LAUND CLOSE lies on this distribution: 10% of detached houses houses are smaller than 22 LAUND CLOSE, and 89% of houses are larger. Note that EPC data is not available for all properties in Belper.

22 LAUND CLOSE: Plot and Title Map

22 LAUND CLOSE sits on a plot of roughly 0.084 of an acre, or 341m². The below map shows the location of 22 LAUND 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 LAUND 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 LAUND CLOSE?

22 LAUND CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 22 on LAUND CLOSE.