3, GIBFIELD LANE, BELPER, DE56 1WA - £305,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

3 GIBFIELD LANE is a very large detached house of 164m², built sometime before 1900. It was last sold for £305,000 in February 2017, which was around 35% above the average February 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2012, where the current energy rating was D, and the potential energy rating was C.

3 GIBFIELD LANE Sold Prices

Land registry data shows four sales for 3 GIBFIELD LANE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 3 GIBFIELD LANE sales were for above 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
2017 10 FEB	£305,000	£225,484	35% above HPI
2013 1 JUL	£265,000	£185,858	43% above HPI
2007 24 OCT	£249,995	£213,411	17% above HPI
2005 10 APR	£270,000	£185,143	46% above HPI

3 GIBFIELD 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 four 3 GIBFIELD LANE sales between April 2005 and February 2017 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 2013 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the February 2017 sale, where it falls to 35% above the HPI. The line then continues to track at 35% above the HPI.

How Large is 3 GIBFIELD LANE?

3 GIBFIELD LANE is 164m² according to the EPC inspection conducted in December 2012. This puts it in the largest 10% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 3 GIBFIELD LANE lies on this distribution: 95% of detached houses are smaller than 3 GIBFIELD LANE, and 5% of houses are larger. Note that EPC data is not available for all properties in Belper.

3 GIBFIELD LANE: Plot and Title Map

3 GIBFIELD LANE sits on a plot of roughly 0.071 of an acre, or 286m². The below map shows the location of 3 GIBFIELD 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 3 GIBFIELD 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 3 GIBFIELD LANE?

3 GIBFIELD LANE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 3 on GIBFIELD LANE.