10, MILL CLOSE, MIDWAY, SWADLINCOTE, DE11 7NU - £149,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

10 MILL CLOSE is a very small detached house of 72m², built sometime between 1950 and 1966, which could now be worth an estimated £208,802. It was last sold for £149,000 in May 2016, which was around 41% below the average May 2016 detached price in the South Derbyshire local authority area. The most recent EPC inspection was April 2012, where the current energy rating was D, and the potential energy rating was B.

10 MILL CLOSE Sold Prices

Land registry data shows two sales for 10 MILL CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 10 MILL 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
2016 13 MAY	£149,000	£251,767	41% below HPI
2001 8 JUN	£65,000	£108,150	40% below HPI

10 MILL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 10 MILL CLOSE sales from June 2001 and May 2016 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 June 2001 sale was for 40% below the HPI. So the extrapolation line tracks at 40% below the HPI over time, until the May 2016 sale, where it falls to 41% below the HPI. The line then continues to track at 41% below the HPI.

What might 10 MILL CLOSE be worth now?

10 MILL CLOSE might now be worth an estimated £208,802.

This is based on house price inflation of 40.1%, between May 2016 and February 2025, for detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 40.1% inflationary increase is applied to the most recent sale price for 10 MILL CLOSE of £149,000 on 13th May 2016. For the value to have increased from £149,000 to £208,802 over the nine years and three months to February 2025, the following assumptions must hold true:

• The value of 10 MILL CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The May 2016 sale price of £149,000 represented a fair market value for the property.
• The size, condition, and specification of 10 MILL CLOSE has not materially changed since May 2016.

How Large is 10 MILL CLOSE?

10 MILL CLOSE is 72m² according to the EPC inspection conducted in April 2012. This puts it in the smallest 20% of detached houses houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swadlincote, and where 10 MILL CLOSE lies on this distribution: 12% of detached houses houses are smaller than 10 MILL CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

10 MILL CLOSE: Plot and Title Map

10 MILL CLOSE sits on a plot of roughly 0.089 of an acre, or 362m². The below map shows the location of 10 MILL 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 10 MILL 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.

Where is 10 MILL CLOSE?

10 MILL CLOSE is located in MIDWAY, in the DE11 postcode district. The below map shows the position of No. 10 on MILL CLOSE.