24, VARLEY CLOSE, HEANOR, DE75 7TF - £257,000

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.

24 VARLEY CLOSE is a small detached house of 87m², which could now be worth an estimated £292,726. It was last sold for £257,000 in June 2022, which was around 14% below the average June 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2017, where the current energy rating was B, and the potential energy rating was A.

24 VARLEY CLOSE Sold Prices

Land registry data shows two sales for 24 VARLEY 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. Both of the two 24 VARLEY 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
2022 24 JUN	£257,000	£298,401	14% below HPI
2017 12 JUL	£196,950	£228,244	14% below HPI

24 VARLEY 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 24 VARLEY CLOSE sales from July 2017 and June 2022 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 July 2017 sale was for 14% below the HPI. So the extrapolation line tracks at 14% below the HPI over time, until the June 2022 sale, which was also at 14% below the HPI.

What might 24 VARLEY CLOSE be worth now?

24 VARLEY CLOSE might now be worth an estimated £292,726.

This is based on house price inflation of 13.9%, between June 2022 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 13.9% inflationary increase is applied to the most recent sale price for 24 VARLEY CLOSE of £257,000 on 24th June 2022. For the value to have increased from £257,000 to £292,726 over the three years and four months to February 2025, the following assumptions must hold true:

• The value of 24 VARLEY CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The June 2022 sale price of £257,000 represented a fair market value for the property.
• The size, condition, and specification of 24 VARLEY CLOSE has not materially changed since June 2022.

How Large is 24 VARLEY CLOSE?

24 VARLEY CLOSE is 87m² according to the EPC inspection conducted in June 2017. 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 24 VARLEY CLOSE lies on this distribution: 33% of detached houses houses are smaller than 24 VARLEY CLOSE, and 66% of houses are larger. Note that EPC data is not available for all properties in Heanor.

24 VARLEY CLOSE: Plot and Title Map

24 VARLEY CLOSE sits on a plot of roughly 0.064 of an acre, or 260m². The below map shows the location of 24 VARLEY 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 24 VARLEY 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 24 VARLEY CLOSE?

24 VARLEY CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 24 on VARLEY CLOSE.