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
1 SWIFT WAY is a very large detached house of 132m², built sometime between 1991 and 1995. It was last sold for £268,000 in August 2009, which was around 6% below the average August 2009 detached price in the Arun local authority area. The most recent EPC inspection was May 2009, where the current energy rating was D, and the potential energy rating was D.
Land registry data shows four sales for 1 SWIFT WAY since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Arun local authority area for the corresponding sale date. Most of the four 1 SWIFT WAY 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 |
---|---|---|---|
2009 7 AUG | £268,000 | £286,395 | 6% below HPI |
2006 8 SEP | £360,000 | £304,070 | 18% above HPI |
2004 30 JUL | £247,500 | £280,286 | 12% below HPI |
1999 27 JAN | £121,500 | £131,507 | 8% below HPI |
The below graph shows the average detached house price in the Arun local authority area over time, sourced from the HPI. The four 1 SWIFT WAY sales between January 1999 and August 2009 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 September 2006 sale was for 18% above the HPI. So the extrapolation line tracks at 18% above the HPI over time, until the August 2009 sale, where it falls to 6% below the HPI. The line then continues to track at 6% below the HPI.
1 SWIFT WAY is 132m² according to the EPC inspection conducted in May 2009. This puts it in the largest 20% of detached houses in Wick, based on EPC data. The below chart shows the distribution of detached houses by size in Wick, and where 1 SWIFT WAY lies on this distribution: 81% of detached houses are smaller than 1 SWIFT WAY, and 19% of houses are larger. Note that EPC data is not available for all properties in Wick.
1 SWIFT WAY sits on a plot of roughly 0.098 of an acre, or 399m². The below map shows the location of 1 SWIFT WAY, 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 SWIFT WAY). 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.
1 SWIFT WAY is located in WICK, in the BN17 postcode district. The below map shows the position of No. 1 on SWIFT WAY.