7, WEST BANK, AMBERGATE, BELPER, DE56 2GF - £315,000

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.

7 WEST BANK is a very small detached house of 93m², built sometime between 1900 and 1929, which could now be worth an estimated £379,724. It was last sold for £315,000 in July 2021, which was around 12% above the average July 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was April 2021, where the current energy rating was D, and the potential energy rating was B.

7 WEST BANK Sold Prices

Land registry data shows three sales for 7 WEST BANK since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 7 WEST BANK sales were for above 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 15 JUL	£315,000	£281,949	12% above HPI
2009 19 JUN	£250,000	£166,424	50% above HPI
2008 4 JAN	£227,000	£204,748	11% above HPI

7 WEST BANK 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 three 7 WEST BANK sales between January 2008 and July 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 2009 sale was for 50% above the HPI. So the extrapolation line tracks at 50% above the HPI over time, until the July 2021 sale, where it falls to 12% above the HPI. The line then continues to track at 12% above the HPI.

What might 7 WEST BANK be worth now?

7 WEST BANK might now be worth an estimated £379,724.

This is based on house price inflation of 20.5%, between July 2021 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 20.5% inflationary increase is applied to the most recent sale price for 7 WEST BANK of £315,000 on 15th July 2021. For the value to have increased from £315,000 to £379,724 over the four years and five months to February 2025, the following assumptions must hold true:

• The value of 7 WEST BANK has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The July 2021 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 7 WEST BANK has not materially changed since July 2021.

How Large is 7 WEST BANK?

7 WEST BANK is 93m² according to the EPC inspection conducted in April 2021. This puts it in the smallest 20% of detached houses houses in Ambergate, based on EPC data. The below chart shows the distribution of detached houses houses by size in Ambergate, and where 7 WEST BANK lies on this distribution: 19% of detached houses houses are smaller than 7 WEST BANK, and 81% of houses are larger. Note that EPC data is not available for all properties in Ambergate.

7 WEST BANK: Plot and Title Map

7 WEST BANK sits on a plot of roughly 0.090 of an acre, or 365m². The below map shows the location of 7 WEST BANK, 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 WEST BANK). 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 7 WEST BANK?

7 WEST BANK is located in AMBERGATE, in the DE56 postcode district. The below map shows the position of No. 7 on WEST BANK.