5, THE CROFT, HEAGE, BELPER, DE56 2BQ - £195,000

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

5 THE CROFT is a very small detached house of 60m², built sometime between 1976 and 1982. It was last sold for £195,000 in November 2020, which was around 28% below the average November 2020 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2020, where the current energy rating was D, and the potential energy rating was B.

5 THE CROFT Sold Prices

Land registry data shows two sales for 5 THE CROFT 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 THE CROFT 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
2020 4 NOV	£195,000	£272,362	28% below HPI
2002 21 JUN	£88,000	£108,198	19% below HPI

5 THE CROFT 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 THE CROFT sales from June 2002 and November 2020 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 2002 sale was for 19% below the HPI. So the extrapolation line tracks at 19% below the HPI over time, until the November 2020 sale, where it falls to 28% below the HPI. The line then continues to track at 28% below the HPI.

How Large is 5 THE CROFT?

5 THE CROFT is 60m² according to the EPC inspection conducted in February 2020. This puts it in the smallest 10% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where 5 THE CROFT lies on this distribution: 7% of detached houses are smaller than 5 THE CROFT, and 91% of houses are larger. Note that EPC data is not available for all properties in Heage.

5 THE CROFT: Plot and Title Map

5 THE CROFT sits on a plot of roughly 0.067 of an acre, or 270m². The below map shows the location of 5 THE CROFT, 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 THE CROFT). 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 THE CROFT?

5 THE CROFT is located in HEAGE, in the DE56 postcode district. The below map shows the position of No. 5 on THE CROFT.