5, OPENWOODGATE, BELPER, DE56 0SD - £167,000

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 OPENWOODGATE is a small detached house of 91m², built sometime between 1967 and 1975, which could now be worth an estimated £268,707. It was last sold for £167,000 in October 2015, which was around 21% below the average October 2015 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2014, where the current energy rating was D, and the potential energy rating was B.

5 OPENWOODGATE Sold Prices

Land registry data shows two sales for 5 OPENWOODGATE 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 OPENWOODGATE 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
2015 2 OCT	£167,000	£211,235	21% below HPI
2004 27 AUG	£162,000	£168,475	4% below HPI

5 OPENWOODGATE 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 OPENWOODGATE sales from August 2004 and October 2015 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 2004 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the October 2015 sale, where it falls to 21% below the HPI. The line then continues to track at 21% below the HPI.

What might 5 OPENWOODGATE be worth now?

5 OPENWOODGATE might now be worth an estimated £268,707.

This is based on house price inflation of 60.9%, between October 2015 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 60.9% inflationary increase is applied to the most recent sale price for 5 OPENWOODGATE of £167,000 on 2nd October 2015. For the value to have increased from £167,000 to £268,707 over the ten years and eight months to February 2025, the following assumptions must hold true:

• The value of 5 OPENWOODGATE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2015 sale price of £167,000 represented a fair market value for the property.
• The size, condition, and specification of 5 OPENWOODGATE has not materially changed since October 2015.

How Large is 5 OPENWOODGATE?

5 OPENWOODGATE is 91m² according to the EPC inspection conducted in July 2014. This puts it in the smallest 40% 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 OPENWOODGATE lies on this distribution: 40% of detached houses houses are smaller than 5 OPENWOODGATE, and 59% of houses are larger. Note that EPC data is not available for all properties in Belper.

5 OPENWOODGATE: Plot and Title Map

5 OPENWOODGATE sits on a plot of roughly 0.087 of an acre, or 353m². The below map shows the location of 5 OPENWOODGATE, 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 OPENWOODGATE). 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 OPENWOODGATE?

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