31, THORPE WAY, BELPER, DE56 1GB - £280,000

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 THORPE WAY is a small detached house of 90m², built sometime between 1967 and 1975. It was last sold for £280,000 in July 2022, which was around 10% below the average July 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2022, where the current energy rating was C, and the potential energy rating was B.

31 THORPE WAY Sold Prices

Land registry data shows two sales for 31 THORPE WAY 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 THORPE WAY 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 19 JUL	£280,000	£311,018	10% below HPI
2021 21 JUN	£140,000	£291,150	52% below HPI

31 THORPE WAY 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 THORPE WAY sales from June 2021 and July 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 June 2021 sale was for 52% below the HPI. So the extrapolation line tracks at 52% below the HPI over time, until the July 2022 sale, where it rises to 10% below the HPI. The line then continues to track at 10% below the HPI.

How Large is 31 THORPE WAY?

31 THORPE WAY is 90m² according to the EPC inspection conducted in April 2022. This puts it in the smallest 40% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 31 THORPE WAY lies on this distribution: 39% of detached houses are smaller than 31 THORPE WAY, and 60% of houses are larger. Note that EPC data is not available for all properties in Belper.

31 THORPE WAY: Plot and Title Map

31 THORPE WAY sits on a plot of roughly 0.081 of an acre, or 329m². The below map shows the location of 31 THORPE WAY, 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 THORPE WAY). 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 THORPE WAY?

31 THORPE WAY is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 31 on THORPE WAY.