BUNGALOW, CHESTERFIELD ROAD, HEAGE, BELPER, DE56 2BH - £610,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

BUNGALOW is a small detached house of 77m², built sometime between 1900 and 1929. It was last sold for £610,000 in September 2021, which was around 114% above the average September 2021 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2011, where the current energy rating was G, and the potential energy rating was G.

BUNGALOW Sold Prices

Land registry data shows three sales for BUNGALOW 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. One of the three BUNGALOW sales was for above the average price, whilst two 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 29 SEP	£610,000	£285,345	114% above HPI
2016 22 MAR	£110,000	£213,760	49% below HPI
2013 7 JAN	£125,000	£188,650	34% below HPI

BUNGALOW 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 BUNGALOW sales between January 2013 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 March 2016 sale was for 49% below the HPI. So the extrapolation line tracks at 49% below the HPI over time, until the September 2021 sale, where it rises to 114% above the HPI. The line then continues to track at 114% above the HPI.

How Large is BUNGALOW?

BUNGALOW is 77m² according to the EPC inspection conducted in May 2011. This puts it in the smallest 30% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where BUNGALOW lies on this distribution: 24% of detached houses are smaller than BUNGALOW, and 76% of houses are larger. Note that EPC data is not available for all properties in Heage.

BUNGALOW: Plot and Title Map

BUNGALOW sits on a plot of roughly 1.2 acres, or 4,766m². The below map shows the location of BUNGALOW, 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 BUNGALOW). 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 BUNGALOW?

BUNGALOW is located on CHESTERFIELD ROAD in HEAGE, in the DE56 postcode district. The below map shows the position of BUNGALOW on CHESTERFIELD ROAD.