221, PARK ROAD, HEAGE, BELPER, DE56 2AB - £295,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

221 PARK ROAD is a large extended detached house of 117m², built sometime before 1900. It was last sold for £295,000 in July 2016, which was around 33% above the average July 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2016, where the current energy rating was D, and the potential energy rating was A.

221 PARK ROAD Sold Prices

Land registry data shows three sales for 221 PARK ROAD 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. Two of the three 221 PARK ROAD sales were for above the average price, whilst one was 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
2016 15 JUL	£295,000	£221,129	33% above HPI
2001 12 OCT	£160,000	£96,257	66% above HPI
1997 11 AUG	£40,000	£69,502	42% below HPI

221 PARK ROAD 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 221 PARK ROAD sales between August 1997 and July 2016 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 October 2001 sale was for 66% above the HPI. So the extrapolation line tracks at 66% above the HPI over time, until the July 2016 sale, where it falls to 33% above the HPI. The line then continues to track at 33% above the HPI.

How Large is 221 PARK ROAD?

221 PARK ROAD is 117m², which includes one extension, according to the EPC inspection conducted in January 2016. This puts it in the largest 40% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where 221 PARK ROAD lies on this distribution: 63% of detached houses are smaller than 221 PARK ROAD, and 36% of houses are larger. Note that EPC data is not available for all properties in Heage.

221 PARK ROAD: Plot and Title Map

221 PARK ROAD sits on a plot of roughly 0.137 of an acre, or 553m². The below map shows the location of 221 PARK ROAD, 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 221 PARK ROAD). 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 221 PARK ROAD?

221 PARK ROAD is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 221 on PARK ROAD.