8, MARLBOROUGH DRIVE, BELPER, DE56 1LB - £175,000

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.

8 MARLBOROUGH DRIVE is a very small detached house of 65m², built sometime between 1950 and 1966, which could now be worth an estimated £331,088. It was last sold for £175,000 in July 2011, which was around 3% below the average July 2011 detached price in the Amber Valley local authority area. The most recent EPC inspection was July 2010, where the current energy rating was C, and the potential energy rating was C.

8 MARLBOROUGH DRIVE Sold Prices

Land registry data shows four sales for 8 MARLBOROUGH DRIVE 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 8 MARLBOROUGH DRIVE 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
2011 22 JUL	£175,000	£179,648	3% below HPI
2004 27 FEB	£132,500	£155,028	15% below HPI
1999 15 FEB	£57,000	£68,466	17% below HPI
1996 1 JUL	£52,000	£62,807	17% below HPI

8 MARLBOROUGH DRIVE 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 8 MARLBOROUGH DRIVE sales between July 1996 and July 2011 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 February 2004 sale was for 15% below the HPI. So the extrapolation line tracks at 15% below the HPI over time, until the July 2011 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 8 MARLBOROUGH DRIVE be worth now?

8 MARLBOROUGH DRIVE might now be worth an estimated £331,088.

This is based on house price inflation of 89.2%, between July 2011 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 89.2% inflationary increase is applied to the most recent sale price for 8 MARLBOROUGH DRIVE of £175,000 on 22nd July 2011. For the value to have increased from £175,000 to £331,088 over the fourteen years and five months to February 2025, the following assumptions must hold true:

• The value of 8 MARLBOROUGH DRIVE has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The July 2011 sale price of £175,000 represented a fair market value for the property.
• The size, condition, and specification of 8 MARLBOROUGH DRIVE has not materially changed since July 2011.

How Large is 8 MARLBOROUGH DRIVE?

8 MARLBOROUGH DRIVE is 65m² according to the EPC inspection conducted in July 2010. This puts it in the smallest 10% of detached houses houses in Belper, based on EPC data. The below chart shows the distribution of detached houses houses by size in Belper, and where 8 MARLBOROUGH DRIVE lies on this distribution: 10% of detached houses houses are smaller than 8 MARLBOROUGH DRIVE, and 90% of houses are larger. Note that EPC data is not available for all properties in Belper.

8 MARLBOROUGH DRIVE: Plot and Title Map

8 MARLBOROUGH DRIVE sits on a plot of roughly 0.097 of an acre, or 391m². The below map shows the location of 8 MARLBOROUGH DRIVE, 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 8 MARLBOROUGH DRIVE). 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 8 MARLBOROUGH DRIVE?

8 MARLBOROUGH DRIVE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 8 on MARLBOROUGH DRIVE.