47, OAKLANDS AVENUE, HEANOR, DE75 7BB - £150,000

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.

47 OAKLANDS AVENUE is a very small detached house of 68m², built sometime between 1967 and 1975, which could now be worth an estimated £222,168. It was last sold for £150,000 in May 2017, which was around 35% below the average May 2017 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2017, where the current energy rating was E, and the potential energy rating was B.

47 OAKLANDS AVENUE Sold Prices

Land registry data shows two sales for 47 OAKLANDS AVENUE 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 47 OAKLANDS 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 5 MAY	£150,000	£229,476	35% below HPI
1996 2 JUL	£56,500	£62,807	10% below HPI

47 OAKLANDS 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 two 47 OAKLANDS AVENUE sales from July 1996 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 July 1996 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 falls to 35% below the HPI. The line then continues to track at 35% below the HPI.

What might 47 OAKLANDS AVENUE be worth now?

47 OAKLANDS AVENUE might now be worth an estimated £222,168.

This is based on house price inflation of 48.1%, between May 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 48.1% inflationary increase is applied to the most recent sale price for 47 OAKLANDS AVENUE of £150,000 on 5th May 2017. For the value to have increased from £150,000 to £222,168 over the eight years and three months to February 2025, the following assumptions must hold true:

• The value of 47 OAKLANDS AVENUE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The May 2017 sale price of £150,000 represented a fair market value for the property.
• The size, condition, and specification of 47 OAKLANDS AVENUE has not materially changed since May 2017.

How Large is 47 OAKLANDS AVENUE?

47 OAKLANDS AVENUE is 68m² according to the EPC inspection conducted in February 2017. This puts it in the smallest 10% 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 47 OAKLANDS AVENUE lies on this distribution: 10% of detached houses houses are smaller than 47 OAKLANDS AVENUE, and 90% of houses are larger. Note that EPC data is not available for all properties in Heanor.

47 OAKLANDS AVENUE: Plot and Title Map

47 OAKLANDS AVENUE sits on a plot of roughly 0.089 of an acre, or 359m². The below map shows the location of 47 OAKLANDS 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 47 OAKLANDS 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 47 OAKLANDS AVENUE?

47 OAKLANDS AVENUE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 47 on OAKLANDS AVENUE.