41, PENNINE VIEW, HEAGE, BELPER, DE56 2TE - £70,000

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

41 PENNINE VIEW is a very small detached house of 71m², built sometime between 1967 and 1975. It was last sold for £70,000 in July 2000, which was around 15% below the average July 2000 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was A.

41 PENNINE VIEW Sold Prices

Land registry data shows two sales for 41 PENNINE VIEW 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. Both of the two 41 PENNINE VIEW 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
2000 21 JUL	£70,000	£82,455	15% below HPI
1996 22 NOV	£48,500	£63,205	23% below HPI

41 PENNINE VIEW 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 41 PENNINE VIEW sales from November 1996 and July 2000 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 1996 sale was for 23% below the HPI. So the extrapolation line tracks at 23% below the HPI over time, until the July 2000 sale, where it rises to 15% below the HPI. The line then continues to track at 15% below the HPI.

How Large is 41 PENNINE VIEW?

41 PENNINE VIEW is 71m² according to the EPC inspection conducted in May 2018. This puts it in the smallest 20% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where 41 PENNINE VIEW lies on this distribution: 16% of detached houses are smaller than 41 PENNINE VIEW, and 83% of houses are larger. Note that EPC data is not available for all properties in Heage.

41 PENNINE VIEW: Plot and Title Map

41 PENNINE VIEW sits on a plot of roughly 0.060 of an acre, or 243m². The below map shows the location of 41 PENNINE VIEW, 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 PENNINE VIEW). 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 PENNINE VIEW?

41 PENNINE VIEW is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 41 on PENNINE VIEW.