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
7 THORPE WAY is a very small detached house of 68m², built sometime between 1967 and 1975. It was last sold for £266,500 in September 2021, which was around 7% below the average September 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 7 THORPE WAY since 1st 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 7 THORPE WAY 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 |
---|---|---|---|
2021 23 SEP | £266,500 | £285,345 | 7% below HPI |
2011 27 JUN | £154,995 | £182,041 | 15% below HPI |
2010 14 JUN | £130,000 | £194,443 | 33% below HPI |
1995 14 JUL | £50,000 | £62,281 | 20% 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 four 7 THORPE WAY sales between July 1995 and September 2021 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 2011 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the September 2021 sale, where it rises to 7% below the HPI. The line then continues to track at 7% below the HPI.
7 THORPE WAY is 68m² according to the EPC inspection conducted in June 2021. This puts it in the smallest 20% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 7 THORPE WAY lies on this distribution: 12% of detached houses are smaller than 7 THORPE WAY, and 88% of houses are larger. Note that EPC data is not available for all properties in Belper.
7 THORPE WAY sits on a plot of roughly 0.062 of an acre, or 250m². The below map shows the location of 7 THORPE WAY, 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 7 THORPE WAY). 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.
7 THORPE WAY is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 7 on THORPE WAY.