4, MINSTER WAY, SWANWICK, ALFRETON, DE55 1FE - £168,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

4 MINSTER WAY is a small detached house of 87m², built sometime between 1991 and 1995. It was last sold for £168,000 in November 2013, which was around 14% below the average November 2013 detached price in the Amber Valley local authority area. The most recent EPC inspection was November 2012, where the current energy rating was D, and the potential energy rating was B.

4 MINSTER WAY Sold Prices

Land registry data shows two sales for 4 MINSTER WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. One of the two 4 MINSTER WAY sales was for below the average price, whilst the other was roughly equal to 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
2013 29 NOV	£168,000	£196,419	14% below HPI
2000 8 MAY	£78,500	£78,387	Close to HPI

4 MINSTER 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 two 4 MINSTER WAY sales from May 2000 and November 2013 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 May 2000 sale roughly matched the HPI. So the extrapolation line tracks roughly in line with the HPI over time, until the November 2013 sale, where it falls to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 4 MINSTER WAY be worth now?

4 MINSTER WAY might now be worth an estimated £288,044.

This is based on house price inflation of 71.5%, between November 2013 and December 2024, 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 71.5% inflationary increase is applied to the most recent sale price for 4 MINSTER WAY of £168,000 on 29th November 2013. For the value to have increased from £168,000 to £288,044 over the ten years and eleven months to December 2024, the following assumptions must hold true:

• The value of 4 MINSTER WAY has moved in line with the HPI for detached houses in the Amber Valley local authority area.
• The November 2013 sale price of £168,000 represented a fair market value for the property.
• The size, condition, and specification of 4 MINSTER WAY has not materially changed since November 2013.

How Large is 4 MINSTER WAY?

4 MINSTER WAY is 87m² according to the EPC inspection conducted in November 2012. This puts it in the smallest 30% of detached houses houses in Swanwick, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swanwick, and where 4 MINSTER WAY lies on this distribution: 30% of detached houses houses are smaller than 4 MINSTER WAY, and 70% of houses are larger. Note that EPC data is not available for all properties in Swanwick.

4 MINSTER WAY: Plot and Title Map

4 MINSTER WAY sits on a plot of roughly 0.064 of an acre, or 258m². The below map shows the location of 4 MINSTER 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 4 MINSTER 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 4 MINSTER WAY?

4 MINSTER WAY is located in SWANWICK, in the DE55 postcode district. The below map shows the position of No. 4 on MINSTER WAY.