40, GREENACRE AVENUE, HEANOR, DE75 7YR - £205,000

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 GREENACRE AVENUE is a very large detached house of 127m², built sometime between 1996 and 2002, which could now be worth an estimated £291,721. It was last sold for £205,000 in December 2017, which was around 14% below the average December 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was C.

40 GREENACRE AVENUE Sold Prices

Land registry data shows four sales for 40 GREENACRE AVENUE 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. Most of the four 40 GREENACRE AVENUE 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
2017 8 DEC	£205,000	£238,844	14% below HPI
2017 27 OCT	£210,000	£232,283	10% below HPI
2014 21 NOV	£184,000	£200,445	8% below HPI
1996 31 JUL	£69,000	£62,807	10% above HPI

40 GREENACRE AVENUE 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 40 GREENACRE AVENUE sales between July 1996 and December 2017 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 October 2017 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the December 2017 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 40 GREENACRE AVENUE be worth now?

40 GREENACRE AVENUE might now be worth an estimated £291,721.

This is based on house price inflation of 42.3%, between December 2017 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 42.3% inflationary increase is applied to the most recent sale price for 40 GREENACRE AVENUE of £205,000 on 8th December 2017. For the value to have increased from £205,000 to £291,721 over the eight years and ten months to February 2025, the following assumptions must hold true:

• The value of 40 GREENACRE AVENUE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The December 2017 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 40 GREENACRE AVENUE has not materially changed since December 2017.

How Large is 40 GREENACRE AVENUE?

40 GREENACRE AVENUE is 127m² according to the EPC inspection conducted in March 2014. This puts it in the largest 20% 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 40 GREENACRE AVENUE lies on this distribution: 81% of detached houses houses are smaller than 40 GREENACRE AVENUE, and 18% of houses are larger. Note that EPC data is not available for all properties in Heanor.

40 GREENACRE AVENUE: Plot and Title Map

40 GREENACRE AVENUE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 40 GREENACRE AVENUE, 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 GREENACRE AVENUE). 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 GREENACRE AVENUE?

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