23, SCHOOL LANE, HEAGE, BELPER, DE56 2AL - £355,000

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

23 SCHOOL LANE is a very large extended detached house of 191m², built sometime before 1900. It was last sold for £355,000 in January 2016, which was around 62% above the average January 2016 detached price in the Amber Valley local authority area. The most recent EPC inspection was August 2014, where the current energy rating was E, and the potential energy rating was D.

23 SCHOOL LANE Sold Prices

Land registry data shows two sales for 23 SCHOOL LANE 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 23 SCHOOL LANE sales was for above the average price, whilst the other 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 22 JAN	£355,000	£218,615	62% above HPI
1997 22 MAY	£60,000	£65,876	9% below HPI

23 SCHOOL LANE 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 23 SCHOOL LANE sales from May 1997 and January 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 May 1997 sale was for 9% below the HPI. So the extrapolation line tracks at 9% below the HPI over time, until the January 2016 sale, where it rises to 62% above the HPI. The line then continues to track at 62% above the HPI.

How Large is 23 SCHOOL LANE?

23 SCHOOL LANE is 191m², which includes two extensions, according to the EPC inspection conducted in August 2014. This puts it in the largest 10% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where 23 SCHOOL LANE lies on this distribution: 91% of detached houses are smaller than 23 SCHOOL LANE, and 9% of houses are larger. Note that EPC data is not available for all properties in Heage.

23 SCHOOL LANE: Plot and Title Map

23 SCHOOL LANE sits on a plot of roughly 0.195 of an acre, or 789m². The below map shows the location of 23 SCHOOL LANE, 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 23 SCHOOL LANE). 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 23 SCHOOL LANE?

23 SCHOOL LANE is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 23 on SCHOOL LANE.