4, CHESTNUT BANK, HEANOR, DE75 7UD - £123,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

4 CHESTNUT BANK is a very small detached house of 58m², built sometime between 1976 and 1982, which could now be worth an estimated £230,963. It was last sold for £123,000 in January 2012, which was around 32% below the average January 2012 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2011, where the current energy rating was D, and the potential energy rating was C.

4 CHESTNUT BANK Sold Prices

Land registry data shows two sales for 4 CHESTNUT BANK 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 4 CHESTNUT BANK 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
2012 27 JAN	£123,000	£181,005	32% below HPI
1999 30 JUL	£60,000	£73,386	18% below HPI

4 CHESTNUT BANK 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 4 CHESTNUT BANK sales from July 1999 and January 2012 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 1999 sale was for 18% below the HPI. So the extrapolation line tracks at 18% below the HPI over time, until the January 2012 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 4 CHESTNUT BANK be worth now?

4 CHESTNUT BANK might now be worth an estimated £230,963.

This is based on house price inflation of 87.8%, between January 2012 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 87.8% inflationary increase is applied to the most recent sale price for 4 CHESTNUT BANK of £123,000 on 27th January 2012. For the value to have increased from £123,000 to £230,963 over the twelve years and eleven months to February 2025, the following assumptions must hold true:

• The value of 4 CHESTNUT BANK has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The January 2012 sale price of £123,000 represented a fair market value for the property.
• The size, condition, and specification of 4 CHESTNUT BANK has not materially changed since January 2012.

How Large is 4 CHESTNUT BANK?

4 CHESTNUT BANK is 58m² according to the EPC inspection conducted in September 2011. This puts it in the smallest 10% of detached houses houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heanor, and where 4 CHESTNUT BANK lies on this distribution: 4% of detached houses houses are smaller than 4 CHESTNUT BANK, and 96% of houses are larger. Note that EPC data is not available for all properties in Heanor.

4 CHESTNUT BANK: Plot and Title Map

4 CHESTNUT BANK sits on a plot of roughly 0.079 of an acre, or 318m². The below map shows the location of 4 CHESTNUT BANK, 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 4 CHESTNUT BANK). 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 4 CHESTNUT BANK?

4 CHESTNUT BANK is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 4 on CHESTNUT BANK.