1, PROSPECT GARDENS, SWANWICK, ALFRETON, DE55 1EY - £160,000

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

1 PROSPECT GARDENS is a very small detached house of 47m², built sometime between 1996 and 2002. It was last sold for £160,000 in October 2019, which was around 37% below the average October 2019 detached price in the Amber Valley local authority area. The most recent EPC inspection was June 2019, where the current energy rating was D, and the potential energy rating was B.

1 PROSPECT GARDENS Sold Prices

Land registry data shows two sales for 1 PROSPECT GARDENS 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. Both of the two 1 PROSPECT GARDENS 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
2019 4 OCT	£160,000	£255,814	37% below HPI
2001 26 APR	£59,950	£92,112	35% below HPI

1 PROSPECT GARDENS 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 1 PROSPECT GARDENS sales from April 2001 and October 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 April 2001 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the October 2019 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

How Large is 1 PROSPECT GARDENS?

1 PROSPECT GARDENS is 47m² according to the EPC inspection conducted in June 2019. This puts it in the smallest 10% of detached houses in Swanwick, based on EPC data. The below chart shows the distribution of detached houses by size in Swanwick, and where 1 PROSPECT GARDENS lies on this distribution: Less than 1% of detached houses are smaller than 1 PROSPECT GARDENS, and more than 99% of houses are larger. Note that EPC data is not available for all properties in Swanwick.

1 PROSPECT GARDENS: Plot and Title Map

1 PROSPECT GARDENS sits on a plot of roughly 0.059 of an acre, or 239m². The below map shows the location of 1 PROSPECT GARDENS, 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 1 PROSPECT GARDENS). 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 1 PROSPECT GARDENS?

1 PROSPECT GARDENS is located in SWANWICK, in the DE55 postcode district. The below map shows the position of No. 1 on PROSPECT GARDENS.