17, SCHOOL CLOSE, ALBERT VILLAGE, SWADLINCOTE, DE11 8FD - £170,000

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.

17 SCHOOL CLOSE is a very small detached house of 68m², built sometime between 1991 and 1995, which could now be worth an estimated £212,218. It was last sold for £170,000 in July 2020, which was around 47% below the average July 2020 detached price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2019, where the current energy rating was D, and the potential energy rating was B.

17 SCHOOL CLOSE Sold Prices

Land registry data shows two sales for 17 SCHOOL 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 North West Leicestershire local authority area for the corresponding sale date. Both of the two 17 SCHOOL 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
2020 10 JUL	£170,000	£318,338	47% below HPI
1999 26 NOV	£64,000	£96,899	34% below HPI

17 SCHOOL CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the North West Leicestershire local authority area over time, sourced from the HPI. The two 17 SCHOOL CLOSE sales from November 1999 and July 2020 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 November 1999 sale was for 34% below the HPI. So the extrapolation line tracks at 34% below the HPI over time, until the July 2020 sale, where it falls to 47% below the HPI. The line then continues to track at 47% below the HPI.

What might 17 SCHOOL CLOSE be worth now?

17 SCHOOL CLOSE might now be worth an estimated £212,218.

This is based on house price inflation of 24.8%, between July 2020 and February 2025, for detached houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.8% inflationary increase is applied to the most recent sale price for 17 SCHOOL CLOSE of £170,000 on 10th July 2020. For the value to have increased from £170,000 to £212,218 over the five years and five months to February 2025, the following assumptions must hold true:

• The value of 17 SCHOOL CLOSE has moved in line with the HPI for detached houses in the North West Leicestershire local authority area.
• The July 2020 sale price of £170,000 represented a fair market value for the property.
• The size, condition, and specification of 17 SCHOOL CLOSE has not materially changed since July 2020.

How Large is 17 SCHOOL CLOSE?

17 SCHOOL CLOSE is 68m² according to the EPC inspection conducted in September 2019. This puts it in the smallest 10% 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 17 SCHOOL CLOSE lies on this distribution: 9% of detached houses houses are smaller than 17 SCHOOL CLOSE, and 91% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

17 SCHOOL CLOSE: Plot and Title Map

17 SCHOOL CLOSE sits on a plot of roughly 0.047 of an acre, or 189m². The below map shows the location of 17 SCHOOL 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 17 SCHOOL 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 17 SCHOOL CLOSE?

17 SCHOOL CLOSE is located in ALBERT VILLAGE, in the DE11 postcode district. The below map shows the position of No. 17 on SCHOOL CLOSE.