354, OVER LANE, BELPER, DE56 0HJ - £245,000

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

354 OVER LANE is a very small detached house of 69m², built sometime between 1950 and 1966. It was last sold for £245,000 in March 2018, which was around 2% above the average March 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2016, where the current energy rating was D, and the potential energy rating was C.

354 OVER LANE Sold Prices

Land registry data shows two sales for 354 OVER LANE 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. One of the two 354 OVER LANE sales was for above the average price, whilst the other was 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
2018 14 MAR	£245,000	£239,918	2% above HPI
2016 13 JUN	£175,000	£219,495	20% below HPI

354 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 two 354 OVER LANE sales from June 2016 and March 2018 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 2016 sale was for 20% below the HPI. So the extrapolation line tracks at 20% below the HPI over time, until the March 2018 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 354 OVER LANE?

354 OVER LANE is 69m² according to the EPC inspection conducted in February 2016. This puts it in the smallest 20% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 354 OVER LANE lies on this distribution: 13% of detached houses are smaller than 354 OVER LANE, and 87% of houses are larger. Note that EPC data is not available for all properties in Belper.

354 OVER LANE: Plot and Title Map

354 OVER LANE sits on a plot of roughly 0.145 of an acre, or 585m². The below map shows the location of 354 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 354 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 354 OVER LANE?

354 OVER LANE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 354 on OVER LANE.