31, PENNINE VIEW, HEAGE, BELPER, DE56 2TE - £164,000

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

31 PENNINE VIEW is a very small detached house of 72m², built sometime between 1976 and 1982. It was last sold for £164,000 in December 2014, which was around 20% below the average December 2014 detached price in the Amber Valley local authority area. The most recent EPC inspection was January 2014, where the current energy rating was C, and the potential energy rating was B.

31 PENNINE VIEW Sold Prices

Land registry data shows two sales for 31 PENNINE VIEW 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 31 PENNINE VIEW 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
2014 19 DEC	£164,000	£205,115	20% below HPI
2008 30 SEP	£170,000	£194,081	12% below HPI

31 PENNINE VIEW 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 31 PENNINE VIEW sales from September 2008 and December 2014 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 September 2008 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the December 2014 sale, where it falls to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 31 PENNINE VIEW?

31 PENNINE VIEW is 72m² according to the EPC inspection conducted in January 2014. This puts it in the smallest 20% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where 31 PENNINE VIEW lies on this distribution: 18% of detached houses are smaller than 31 PENNINE VIEW, and 82% of houses are larger. Note that EPC data is not available for all properties in Heage.

31 PENNINE VIEW: Plot and Title Map

31 PENNINE VIEW sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 31 PENNINE VIEW, 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 31 PENNINE VIEW). 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 31 PENNINE VIEW?

31 PENNINE VIEW is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 31 on PENNINE VIEW.