2, WATCHORN CLOSE, SWADLINCOTE, DE11 7NQ - £295,000

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

2 WATCHORN CLOSE is a large extended detached house of 120m², built sometime between 1996 and 2002. It was last sold for £295,000 in February 2021, which was around 3% above the average February 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was September 2020, where the current energy rating was B, and the potential energy rating was B.

2 WATCHORN CLOSE Sold Prices

Land registry data shows three sales for 2 WATCHORN CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 2 WATCHORN CLOSE sales were for above 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 19 FEB	£295,000	£287,396	3% above HPI
2003 21 FEB	£172,500	£160,466	7% above HPI
2001 27 SEP	£132,950	£107,098	24% above HPI

2 WATCHORN 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 three 2 WATCHORN CLOSE sales between September 2001 and February 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 February 2003 sale was for 7% above the HPI. So the extrapolation line tracks at 7% above the HPI over time, until the February 2021 sale, where it falls to 3% above the HPI. The line then continues to track at 3% above the HPI.

How Large is 2 WATCHORN CLOSE?

2 WATCHORN CLOSE is 120m², which includes one extension, according to the EPC inspection conducted in September 2020. This puts it in the largest 30% 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 WATCHORN CLOSE lies on this distribution: 70% of detached houses are smaller than 2 WATCHORN CLOSE, and 29% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

2 WATCHORN CLOSE: Plot and Title Map

2 WATCHORN CLOSE sits on a plot of roughly 0.106 of an acre, or 427m². The below map shows the location of 2 WATCHORN 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 WATCHORN 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 WATCHORN CLOSE?

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