29, FURNACE LANE, LOSCOE, HEANOR, DE75 7LD - £395,000

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.

29 FURNACE LANE is a very large extended detached house of 141m², built sometime between 1930 and 1949, which could now be worth an estimated £417,252. It was last sold for £395,000 in February 2023, which was around 23% above the average February 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2022, where the current energy rating was D, and the potential energy rating was C.

29 FURNACE LANE Sold Prices

Land registry data shows two sales for 29 FURNACE 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 29 FURNACE 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
2023 20 FEB	£395,000	£321,756	23% above HPI
2007 3 AUG	£200,000	£205,625	3% below HPI

29 FURNACE 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 29 FURNACE LANE sales from August 2007 and February 2023 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 August 2007 sale was for 3% below the HPI. So the extrapolation line tracks at 3% below the HPI over time, until the February 2023 sale, where it rises to 23% above the HPI. The line then continues to track at 23% above the HPI.

What might 29 FURNACE LANE be worth now?

29 FURNACE LANE might now be worth an estimated £417,252.

This is based on house price inflation of 5.6%, between February 2023 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 5.6% inflationary increase is applied to the most recent sale price for 29 FURNACE LANE of £395,000 on 20th February 2023. For the value to have increased from £395,000 to £417,252 over the two years to February 2025, the following assumptions must hold true:

• The value of 29 FURNACE LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The February 2023 sale price of £395,000 represented a fair market value for the property.
• The size, condition, and specification of 29 FURNACE LANE has not materially changed since February 2023.

How Large is 29 FURNACE LANE?

29 FURNACE LANE is 141m², which includes one extension, according to the EPC inspection conducted in July 2022. This puts it in the largest 20% 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 29 FURNACE LANE lies on this distribution: 89% of detached houses houses are smaller than 29 FURNACE LANE, and 11% of houses are larger. Note that EPC data is not available for all properties in Heanor.

29 FURNACE LANE: Plot and Title Map

29 FURNACE LANE sits on a plot of roughly 0.117 of an acre, or 475m². The below map shows the location of 29 FURNACE 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 29 FURNACE 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 29 FURNACE LANE?

29 FURNACE LANE is located in LOSCOE, in the DE75 postcode district. The below map shows the position of No. 29 on FURNACE LANE.