6, BALMORAL CLOSE, HEANOR, DE75 7SN - £300,000

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.

6 BALMORAL CLOSE is a small detached house of 92m², built sometime between 1996 and 2002, which could now be worth an estimated £327,669. It was last sold for £300,000 in August 2023, which was around 4% below the average August 2023 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2014, where the current energy rating was D, and the potential energy rating was B.

6 BALMORAL CLOSE Sold Prices

Land registry data shows four sales for 6 BALMORAL CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 6 BALMORAL CLOSE 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
2023 1 AUG	£300,000	£311,182	4% below HPI
2014 17 APR	£175,000	£195,380	10% below HPI
2007 23 MAR	£177,000	£195,672	10% below HPI
1998 16 JAN	£68,050	£68,392	1% below HPI

6 BALMORAL CLOSE 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 four 6 BALMORAL CLOSE sales between January 1998 and August 2023 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 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the August 2023 sale, where it rises to 4% below the HPI. The line then continues to track at 4% below the HPI.

What might 6 BALMORAL CLOSE be worth now?

6 BALMORAL CLOSE might now be worth an estimated £327,669.

This is based on house price inflation of 9.2%, between August 2023 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 9.2% inflationary increase is applied to the most recent sale price for 6 BALMORAL CLOSE of £300,000 on 1st August 2023. For the value to have increased from £300,000 to £327,669 over the two years and six months to February 2025, the following assumptions must hold true:

• The value of 6 BALMORAL CLOSE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The August 2023 sale price of £300,000 represented a fair market value for the property.
• The size, condition, and specification of 6 BALMORAL CLOSE has not materially changed since August 2023.

How Large is 6 BALMORAL CLOSE?

6 BALMORAL CLOSE is 92m² according to the EPC inspection conducted in February 2014. This puts it in the smallest 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 6 BALMORAL CLOSE lies on this distribution: 40% of detached houses houses are smaller than 6 BALMORAL CLOSE, and 59% of houses are larger. Note that EPC data is not available for all properties in Heanor.

6 BALMORAL CLOSE: Plot and Title Map

6 BALMORAL CLOSE sits on a plot of roughly 0.081 of an acre, or 326m². The below map shows the location of 6 BALMORAL CLOSE, 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 6 BALMORAL CLOSE). 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 6 BALMORAL CLOSE?

6 BALMORAL CLOSE is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 6 on BALMORAL CLOSE.