41, FURNACE LANE, LOSCOE, HEANOR, DE75 7LD - £310,000

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

41 FURNACE LANE is a midsized extended detached house of 102m², built sometime before 1900. It was last sold for £310,000 in January 2018, which was around 28% above the average January 2018 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2017, where the current energy rating was F, and the potential energy rating was D.

41 FURNACE LANE Sold Prices

Land registry data shows three sales for 41 FURNACE LANE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. Two of the three 41 FURNACE LANE sales were for above the average price, whilst one 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 29 JAN	£310,000	£241,895	28% above HPI
2007 3 AUG	£226,000	£209,269	8% above HPI
2004 30 APR	£115,000	£164,632	30% below HPI

41 FURNACE 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 three 41 FURNACE LANE sales between April 2004 and January 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 August 2007 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the January 2018 sale, where it rises to 28% above the HPI. The line then continues to track at 28% above the HPI.

How Large is 41 FURNACE LANE?

41 FURNACE LANE is 102m², which includes one extension, according to the EPC inspection conducted in May 2017. This puts it in the largest 50% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 41 FURNACE LANE lies on this distribution: 53% of detached houses are smaller than 41 FURNACE LANE, and 46% of houses are larger. Note that EPC data is not available for all properties in Heanor.

41 FURNACE LANE: Plot and Title Map

41 FURNACE LANE sits on a plot of roughly 0.167 of an acre, or 677m². The below map shows the location of 41 FURNACE 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 41 FURNACE 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 41 FURNACE LANE?

41 FURNACE LANE is located in LOSCOE, in the DE75 postcode district. The below map shows the position of No. 41 on FURNACE LANE.