179, WOOD LANE, NEWHALL, SWADLINCOTE, DE11 0LY - £240,000

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

179 WOOD LANE is a very small extended detached house of 66m², built sometime between 1930 and 1949. It was last sold for £240,000 in January 2021, which was around 16% below the average January 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was November 2014, where the current energy rating was C, and the potential energy rating was B.

179 WOOD LANE Sold Prices

Land registry data shows two sales for 179 WOOD LANE 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 179 WOOD LANE 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
2021 28 JAN	£240,000	£285,424	16% below HPI
2002 18 MAR	£110,000	£117,236	6% below HPI

179 WOOD LANE 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 179 WOOD LANE sales from March 2002 and January 2021 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 March 2002 sale was for 6% below the HPI. So the extrapolation line tracks at 6% below the HPI over time, until the January 2021 sale, where it falls to 16% below the HPI. The line then continues to track at 16% below the HPI.

How Large is 179 WOOD LANE?

179 WOOD LANE is 66m², which includes one extension, according to the EPC inspection conducted in November 2014. This puts it in the smallest 10% of detached houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses by size in Swadlincote, and where 179 WOOD LANE lies on this distribution: 7% of detached houses are smaller than 179 WOOD LANE, and 92% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

179 WOOD LANE: Plot and Title Map

179 WOOD LANE sits on a plot of roughly 0.126 of an acre, or 511m². The below map shows the location of 179 WOOD LANE, 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 179 WOOD LANE). 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 179 WOOD LANE?

179 WOOD LANE is located in NEWHALL, in the DE11 postcode district. The below map shows the position of No. 179 on WOOD LANE.