Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources
58 MIDLAND ROAD is a very small detached house of 69m², built sometime between 1930 and 1949. It was last sold for £200,000 in January 2022, which was around 34% below the average January 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2015, where the current energy rating was E, and the potential energy rating was B.
Land registry data shows two sales for 58 MIDLAND ROAD since 1st 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 58 MIDLAND ROAD 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 18 JAN | £200,000 | £301,292 | 34% below HPI |
2015 27 AUG | £114,000 | £212,160 | 46% below HPI |
The below graph shows the average detached house price in the Amber Valley local authority area over time, sourced from the HPI. The two 58 MIDLAND ROAD sales from August 2015 and January 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 August 2015 sale was for 46% below the HPI. So the extrapolation line tracks at 46% below the HPI over time, until the January 2022 sale, where it rises to 34% below the HPI. The line then continues to track at 34% below the HPI.
58 MIDLAND ROAD is 69m² according to the EPC inspection conducted in March 2015. This puts it in the smallest 20% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 58 MIDLAND ROAD lies on this distribution: 10% of detached houses are smaller than 58 MIDLAND ROAD, and 89% of houses are larger. Note that EPC data is not available for all properties in Heanor.
58 MIDLAND ROAD sits on a plot of roughly 0.088 of an acre, or 356m². The below map shows the location of 58 MIDLAND ROAD, 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 58 MIDLAND ROAD). 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.
58 MIDLAND ROAD is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 58 on MIDLAND ROAD.