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
8 MARSTON CLOSE is a small extended detached house of 89m², built sometime between 1991 and 1995. It was last sold for £285,000 in July 2024, which was around 15% below the average July 2024 detached price in the Amber Valley local authority area. The most recent EPC inspection was March 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows two sales for 8 MARSTON CLOSE 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 8 MARSTON 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 |
---|---|---|---|
2024 26 JUL | £285,000 | £333,371 | 15% below HPI |
2021 20 AUG | £252,000 | £286,612 | 12% 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 8 MARSTON CLOSE sales from August 2021 and July 2024 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 2021 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the July 2024 sale, where it falls to 15% below the HPI. The line then continues to track at 15% below the HPI.
8 MARSTON CLOSE is 89m², which includes one extension, according to the EPC inspection conducted in March 2021. This puts it in the smallest 40% of detached houses in Belper, based on EPC data. The below chart shows the distribution of detached houses by size in Belper, and where 8 MARSTON CLOSE lies on this distribution: 37% of detached houses are smaller than 8 MARSTON CLOSE, and 62% of houses are larger. Note that EPC data is not available for all properties in Belper.
8 MARSTON CLOSE sits on a plot of roughly 0.053 of an acre, or 215m². The below map shows the location of 8 MARSTON 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 8 MARSTON 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.
8 MARSTON CLOSE is located in BELPER, in the DE56 postcode district. The below map shows the position of No. 8 on MARSTON CLOSE.