5, CHARNWOOD AVENUE, BELPER, DE56 1EA - £265,000

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.

5 CHARNWOOD AVENUE is a very small detached house of 56m², built sometime between 1950 and 1966, which could now be worth an estimated £285,652. It was last sold for £265,000 in October 2022, which was around 16% below the average October 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2022, where the current energy rating was E, and the potential energy rating was C.

5 CHARNWOOD AVENUE Sold Prices

Land registry data shows three sales for 5 CHARNWOOD AVENUE 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. All of the three 5 CHARNWOOD 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
2022 7 OCT	£265,000	£315,309	16% below HPI
2021 25 JUN	£185,000	£286,080	35% below HPI
2001 5 DEC	£66,000	£96,960	32% below HPI

5 CHARNWOOD 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 three 5 CHARNWOOD AVENUE sales between December 2001 and October 2022 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 June 2021 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2022 sale, where it rises to 16% below the HPI. The line then continues to track at 16% below the HPI.

What might 5 CHARNWOOD AVENUE be worth now?

5 CHARNWOOD AVENUE might now be worth an estimated £285,652.

This is based on house price inflation of 7.8%, between October 2022 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 7.8% inflationary increase is applied to the most recent sale price for 5 CHARNWOOD AVENUE of £265,000 on 7th October 2022. For the value to have increased from £265,000 to £285,652 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 CHARNWOOD AVENUE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2022 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 5 CHARNWOOD AVENUE has not materially changed since October 2022.

How Large is 5 CHARNWOOD AVENUE?

5 CHARNWOOD AVENUE is 56m² according to the EPC inspection conducted in May 2022. This puts it in the smallest 10% of detached houses houses in Belper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belper, and where 5 CHARNWOOD AVENUE lies on this distribution: 3% of detached houses houses are smaller than 5 CHARNWOOD AVENUE, and 97% of houses are larger. Note that EPC data is not available for all properties in Belper.

5 CHARNWOOD AVENUE: Plot and Title Map

5 CHARNWOOD AVENUE sits on a plot of roughly 0.069 of an acre, or 278m². The below map shows the location of 5 CHARNWOOD 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 5 CHARNWOOD 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 5 CHARNWOOD AVENUE?

5 CHARNWOOD AVENUE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 5 on CHARNWOOD AVENUE.