40, ASTCOTE CLOSE, HEANOR, DE75 7TH - £68,000

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.

40 ASTCOTE CLOSE is a very small extended terraced house of 40m², built sometime between 1991 and 1995, which could now be worth an estimated £90,086. It was last sold for £68,000 in July 2020, which was around 48% below the average July 2020 terraced price in the Amber Valley local authority area. The most recent EPC inspection was March 2019, where the current energy rating was D, and the potential energy rating was B.

40 ASTCOTE CLOSE Sold Prices

Land registry data shows four sales for 40 ASTCOTE CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Amber Valley local authority area for the corresponding sale date. All of the four 40 ASTCOTE CLOSE 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
2020 28 JUL	£68,000	£129,768	48% below HPI
2007 18 MAY	£73,000	£107,277	32% below HPI
2002 17 DEC	£44,000	£57,899	24% below HPI
2001 2 NOV	£27,950	£44,003	36% below HPI

40 ASTCOTE CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the Amber Valley local authority area over time, sourced from the HPI. The four 40 ASTCOTE CLOSE sales between November 2001 and July 2020 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 May 2007 sale was for 32% below the HPI. So the extrapolation line tracks at 32% below the HPI over time, until the July 2020 sale, where it falls to 48% below the HPI. The line then continues to track at 48% below the HPI.

What might 40 ASTCOTE CLOSE be worth now?

40 ASTCOTE CLOSE might now be worth an estimated £90,086.

This is based on house price inflation of 32.5%, between July 2020 and July 2025, for terraced 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 32.5% inflationary increase is applied to the most recent sale price for 40 ASTCOTE CLOSE of £68,000 on 28th July 2020. For the value to have increased from £68,000 to £90,086 over the five years to July 2025, the following assumptions must hold true:

• The value of 40 ASTCOTE CLOSE has moved in line with the HPI for terraced houses in the Amber Valley local authority area.
• The July 2020 sale price of £68,000 represented a fair market value for the property.
• The size, condition, and specification of 40 ASTCOTE CLOSE has not materially changed since July 2020.

How Large is 40 ASTCOTE CLOSE?

40 ASTCOTE CLOSE is 40m², which includes one extension, according to the EPC inspection conducted in March 2019. This puts it in the smallest 10% of terraced houses houses in Heanor, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Heanor, and where 40 ASTCOTE CLOSE lies on this distribution: Less than 1% of terraced houses houses are smaller than 40 ASTCOTE CLOSE, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Heanor.

40 ASTCOTE CLOSE: Plot and Title Map

40 ASTCOTE CLOSE sits on a plot of roughly 0.038 of an acre, or 153m². The below map shows the location of 40 ASTCOTE CLOSE, 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 40 ASTCOTE CLOSE). 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 40 ASTCOTE CLOSE?

40 ASTCOTE CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 40 on ASTCOTE CLOSE.