3, HIGH EDGE DRIVE, HEAGE, BELPER, DE56 2TB - £275,000

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

3 HIGH EDGE DRIVE is a small detached house of 78m², built sometime between 1976 and 1982. It was last sold for £275,000 in February 2022, which was around 10% below the average February 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2017, where the current energy rating was D, and the potential energy rating was B.

3 HIGH EDGE DRIVE Sold Prices

Land registry data shows two sales for 3 HIGH EDGE DRIVE 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 3 HIGH EDGE DRIVE 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 15 FEB	£275,000	£306,759	10% below HPI
2017 27 JUL	£200,000	£232,289	14% below HPI

3 HIGH EDGE DRIVE 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 3 HIGH EDGE DRIVE sales from July 2017 and February 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 February 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 3 HIGH EDGE DRIVE?

3 HIGH EDGE DRIVE is 78m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 30% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where 3 HIGH EDGE DRIVE lies on this distribution: 25% of detached houses are smaller than 3 HIGH EDGE DRIVE, and 74% of houses are larger. Note that EPC data is not available for all properties in Heage.

3 HIGH EDGE DRIVE: Plot and Title Map

3 HIGH EDGE DRIVE sits on a plot of roughly 0.078 of an acre, or 315m². The below map shows the location of 3 HIGH EDGE DRIVE, 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 HIGH EDGE DRIVE). 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 HIGH EDGE DRIVE?

3 HIGH EDGE DRIVE is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 3 on HIGH EDGE DRIVE.