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

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.

41 FURNACE LANE is a midsized extended detached house of 102m², built sometime before 1900, which could now be worth an estimated £443,294. It was last sold for £310,000 in January 2018, which was around 30% 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	£237,683	30% above HPI
2007 3 AUG	£226,000	£205,625	10% above HPI
2004 30 APR	£115,000	£161,765	29% 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 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the January 2018 sale, where it rises to 30% above the HPI. The line then continues to track at 30% above the HPI.

What might 41 FURNACE LANE be worth now?

41 FURNACE LANE might now be worth an estimated £443,294.

This is based on house price inflation of 43%, between January 2018 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 43% inflationary increase is applied to the most recent sale price for 41 FURNACE LANE of £310,000 on 29th January 2018. For the value to have increased from £310,000 to £443,294 over the six years and eleven months to February 2025, the following assumptions must hold true:

• The value of 41 FURNACE LANE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The January 2018 sale price of £310,000 represented a fair market value for the property.
• The size, condition, and specification of 41 FURNACE LANE has not materially changed since January 2018.

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 houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heanor, and where 41 FURNACE LANE lies on this distribution: 53% of detached houses 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.