5, LAKE GARDENS, LOSCOE, HEANOR, DE75 7JN - £305,000

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 LAKE GARDENS is a large extended detached house of 111m², built sometime between 2003 and 2006, which could now be worth an estimated £351,433. It was last sold for £305,000 in April 2022, which was around 3% above the average April 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

5 LAKE GARDENS Sold Prices

Land registry data shows two sales for 5 LAKE GARDENS 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 5 LAKE GARDENS sales were for above 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 1 APR	£305,000	£294,975	3% above HPI
2005 8 APR	£199,950	£181,919	10% above HPI

5 LAKE GARDENS 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 5 LAKE GARDENS sales from April 2005 and April 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 April 2005 sale was for 10% above the HPI. So the extrapolation line tracks at 10% above the HPI over time, until the April 2022 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

What might 5 LAKE GARDENS be worth now?

5 LAKE GARDENS might now be worth an estimated £351,433.

This is based on house price inflation of 15.2%, between April 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 15.2% inflationary increase is applied to the most recent sale price for 5 LAKE GARDENS of £305,000 on 1st April 2022. For the value to have increased from £305,000 to £351,433 over the three years and two months to February 2025, the following assumptions must hold true:

• The value of 5 LAKE GARDENS has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The April 2022 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 5 LAKE GARDENS has not materially changed since April 2022.

How Large is 5 LAKE GARDENS?

5 LAKE GARDENS is 111m², which includes one extension, according to the EPC inspection conducted in September 2021. This puts it in the largest 40% 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 5 LAKE GARDENS lies on this distribution: 64% of detached houses houses are smaller than 5 LAKE GARDENS, and 36% of houses are larger. Note that EPC data is not available for all properties in Heanor.

5 LAKE GARDENS: Plot and Title Map

5 LAKE GARDENS sits on a plot of roughly 0.082 of an acre, or 332m². The below map shows the location of 5 LAKE GARDENS, 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 LAKE GARDENS). 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 LAKE GARDENS?

5 LAKE GARDENS is located in LOSCOE, in the DE75 postcode district. The below map shows the position of No. 5 on LAKE GARDENS.