40, LAUND CLOSE, BELPER, DE56 1ET - £239,000

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

40 LAUND CLOSE is a small extended detached house of 77m², built sometime between 1950 and 1966. It was last sold for £239,000 in May 2017, which was around 2% above the average May 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was E, and the potential energy rating was C.

40 LAUND CLOSE Sold Prices

Land registry data shows two sales for 40 LAUND CLOSE 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 40 LAUND CLOSE 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
2017 23 MAY	£239,000	£233,542	2% above HPI
1998 27 NOV	£65,000	£71,865	10% below HPI

40 LAUND CLOSE 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 40 LAUND CLOSE sales from November 1998 and May 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 November 1998 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2017 sale, where it rises to 2% above the HPI. The line then continues to track at 2% above the HPI.

How Large is 40 LAUND CLOSE?

40 LAUND CLOSE is 77m², which includes one extension, according to the EPC inspection conducted in November 2016. This puts it in the smallest 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 40 LAUND CLOSE lies on this distribution: 21% of detached houses are smaller than 40 LAUND CLOSE, and 79% of houses are larger. Note that EPC data is not available for all properties in Belper.

40 LAUND CLOSE: Plot and Title Map

40 LAUND CLOSE sits on a plot of roughly 0.123 of an acre, or 497m². The below map shows the location of 40 LAUND 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 LAUND 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 LAUND CLOSE?

40 LAUND CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 40 on LAUND CLOSE.