19, SOVEREIGN WAY, HEANOR, DE75 7SB - £215,000

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.

19 SOVEREIGN WAY is a very small detached house of 67m², built sometime between 1983 and 1990, which could now be worth an estimated £231,756. It was last sold for £215,000 in October 2022, which was around 32% below the average October 2022 detached price in the Amber Valley local authority area. The most recent EPC inspection was October 2021, where the current energy rating was D, and the potential energy rating was B.

19 SOVEREIGN WAY Sold Prices

Land registry data shows seven sales for 19 SOVEREIGN WAY since 1^st January 1995. The below table shows the price paid for the seven sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the seven 19 SOVEREIGN 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
2022 7 OCT	£215,000	£315,309	32% below HPI
2010 20 AUG	£144,000	£191,905	25% below HPI
2009 29 JUN	£130,000	£166,424	22% below HPI
2006 8 MAR	£139,000	£183,136	24% below HPI
2002 26 JUL	£92,500	£106,959	14% below HPI
2001 30 MAR	£69,950	£90,988	23% below HPI
1998 9 OCT	£57,902	£69,363	17% below HPI

19 SOVEREIGN WAY 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 seven 19 SOVEREIGN WAY sales between October 1998 and October 2022 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 August 2010 sale was for 25% below the HPI. So the extrapolation line tracks at 25% below the HPI over time, until the October 2022 sale, where it falls to 32% below the HPI. The line then continues to track at 32% below the HPI.

What might 19 SOVEREIGN WAY be worth now?

19 SOVEREIGN WAY might now be worth an estimated £231,756.

This is based on house price inflation of 7.8%, between October 2022 and February 2025, for detached houses, in the Amber Valley local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 7.8% inflationary increase is applied to the most recent sale price for 19 SOVEREIGN WAY of £215,000 on 7th October 2022. For the value to have increased from £215,000 to £231,756 over the three years and eight months to February 2025, the following assumptions must hold true:

• The value of 19 SOVEREIGN WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The October 2022 sale price of £215,000 represented a fair market value for the property.
• The size, condition, and specification of 19 SOVEREIGN WAY has not materially changed since October 2022.

How Large is 19 SOVEREIGN WAY?

19 SOVEREIGN WAY is 67m² according to the EPC inspection conducted in October 2021. This puts it in the smallest 10% of detached houses houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses houses by size in Heanor, and where 19 SOVEREIGN WAY lies on this distribution: 9% of detached houses houses are smaller than 19 SOVEREIGN WAY, and 90% of houses are larger. Note that EPC data is not available for all properties in Heanor.

19 SOVEREIGN WAY: Plot and Title Map

19 SOVEREIGN WAY sits on a plot of roughly 0.065 of an acre, or 265m². The below map shows the location of 19 SOVEREIGN 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 19 SOVEREIGN 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.

Where is 19 SOVEREIGN WAY?

19 SOVEREIGN WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 19 on SOVEREIGN WAY.