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
45 NEW ROAD is a very small detached house of 79m², built sometime between 1950 and 1966. It was last sold for £215,000 in January 2023, which was around 36% below the average January 2023 detached price in the South Derbyshire local authority area. The most recent EPC inspection was May 2018, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows four sales for 45 NEW ROAD since 1st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the four 45 NEW ROAD 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 |
---|---|---|---|
2023 9 JAN | £215,000 | £334,006 | 36% below HPI |
2021 12 APR | £165,000 | £285,684 | 42% below HPI |
2018 31 AUG | £156,950 | £266,987 | 41% below HPI |
2001 31 AUG | £57,000 | £106,733 | 47% below HPI |
The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The four 45 NEW ROAD sales between August 2001 and January 2023 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 April 2021 sale was for 42% below the HPI. So the extrapolation line tracks at 42% below the HPI over time, until the January 2023 sale, where it rises to 36% below the HPI. The line then continues to track at 36% below the HPI.
45 NEW ROAD is 79m² according to the EPC inspection conducted in May 2018. 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 45 NEW ROAD lies on this distribution: 18% of detached houses are smaller than 45 NEW ROAD, and 81% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.
45 NEW ROAD sits on a plot of roughly 0.092 of an acre, or 374m². The below map shows the location of 45 NEW ROAD, 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 45 NEW ROAD). 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.
45 NEW ROAD is located in NEWHALL, in the DE11 postcode district. The below map shows the position of No. 45 on NEW ROAD.