CEDAR HOUSE, SCHOOL LANE, HEAGE, BELPER, DE56 2AL - £640,000

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

CEDAR HOUSE is a very large detached house of 269m². It was last sold for £640,000 in March 2019, which was around 157% above the average March 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2016, where the current energy rating was B, and the potential energy rating was B.

CEDAR HOUSE Sold Prices

Land registry data shows two sales for CEDAR HOUSE since 1^st 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. One of the two CEDAR HOUSE sales was for above the average price, whilst the other was 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
2019 4 MAR	£640,000	£249,134	157% above HPI
2014 15 AUG	£150,000	£204,522	27% below HPI

CEDAR HOUSE 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 two CEDAR HOUSE sales from August 2014 and March 2019 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 2014 sale was for 27% below the HPI. So the extrapolation line tracks at 27% below the HPI over time, until the March 2019 sale, where it rises to 157% above the HPI. The line then continues to track at 157% above the HPI.

How Large is CEDAR HOUSE?

CEDAR HOUSE is 269m² according to the EPC inspection conducted in November 2016. This puts it in the largest 10% of detached houses in Heage, based on EPC data. The below chart shows the distribution of detached houses by size in Heage, and where CEDAR HOUSE lies on this distribution: 98% of detached houses are smaller than CEDAR HOUSE, and 2% of houses are larger. Note that EPC data is not available for all properties in Heage.

CEDAR HOUSE: Plot and Title Map

CEDAR HOUSE sits on a plot of roughly 0.204 of an acre, or 826m². The below map shows the location of CEDAR HOUSE, 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 CEDAR HOUSE). 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 CEDAR HOUSE?

CEDAR HOUSE is located on SCHOOL LANE in HEAGE, in the DE56 postcode district. The below map shows the position of CEDAR HOUSE on SCHOOL LANE.