2, ELY CLOSE, MIDWAY, SWADLINCOTE, DE11 7PR - £179,250

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

2 ELY CLOSE is a very small extended detached house of 72m², built sometime between 1950 and 1966. It was last sold for £179,250 in March 2015, which was around 21% below the average March 2015 detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2014, where the current energy rating was D, and the potential energy rating was B.

2 ELY CLOSE Sold Prices

Land registry data shows two sales for 2 ELY 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 2 ELY 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
2015 27 MAR	£179,250	£228,014	21% below HPI
2005 1 JUL	£140,000	£194,675	28% below HPI

2 ELY 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 2 ELY CLOSE sales from July 2005 and March 2015 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 July 2005 sale was for 28% below the HPI. So the extrapolation line tracks at 28% below the HPI over time, until the March 2015 sale, where it rises to 21% below the HPI. The line then continues to track at 21% below the HPI.

How Large is 2 ELY CLOSE?

2 ELY CLOSE is 72m², which includes one extension, according to the EPC inspection conducted in October 2014. This puts it in the smallest 20% of detached houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses by size in Swadlincote, and where 2 ELY CLOSE lies on this distribution: 12% of detached houses are smaller than 2 ELY CLOSE, and 88% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

2 ELY CLOSE: Plot and Title Map

2 ELY CLOSE sits on a plot of roughly 0.093 of an acre, or 375m². The below map shows the location of 2 ELY 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 2 ELY 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 2 ELY CLOSE?

2 ELY CLOSE is located in MIDWAY, in the DE11 postcode district. The below map shows the position of No. 2 on ELY CLOSE.