316, OVER LANE, BELPER, DE56 0HJ - £290,000

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

316 OVER LANE is a large extended detached house of 120m², built sometime between 1930 and 1949. It was last sold for £290,000 in May 2024, which was around 12% below the average May 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2022, where the current energy rating was D, and the potential energy rating was B.

316 OVER LANE Sold Prices

Land registry data shows four sales for 316 OVER 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 316 OVER LANE 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
2024 31 MAY	£290,000	£328,256	12% below HPI
2012 13 APR	£174,000	£178,408	2% below HPI
2005 1 AUG	£170,000	£184,443	8% below HPI
1999 15 NOV	£60,000	£78,536	24% below HPI

316 OVER 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 316 OVER LANE sales between November 1999 and May 2024 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 April 2012 sale was for 2% below the HPI. So the extrapolation line tracks at 2% below the HPI over time, until the May 2024 sale, where it falls to 12% below the HPI. The line then continues to track at 12% below the HPI.

How Large is 316 OVER LANE?

316 OVER LANE is 120m², which includes one extension, according to the EPC inspection conducted in November 2022. This puts it in the largest 30% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 316 OVER LANE lies on this distribution: 74% of detached houses are smaller than 316 OVER LANE, and 26% of houses are larger. Note that EPC data is not available for all properties in Belper.

316 OVER LANE: Plot and Title Map

316 OVER LANE sits on a plot of roughly 0.043 of an acre, or 174m². The below map shows the location of 316 OVER 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 316 OVER 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 316 OVER LANE?

316 OVER LANE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 316 on OVER LANE.