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
48 OUTRAM DRIVE is a very small extended detached house of 74m², built sometime between 1996 and 2002. It was last sold for £192,500 in August 2021, which was around 34% below the average August 2021 detached price in the South Derbyshire local authority area. The most recent EPC inspection was February 2021, where the current energy rating was D, and the potential energy rating was B.
Land registry data shows five sales for 48 OUTRAM DRIVE since 1st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the five 48 OUTRAM DRIVE 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 |
---|---|---|---|
2021 9 AUG | £192,500 | £291,541 | 34% below HPI |
2021 18 JUN | £195,000 | £291,633 | 33% below HPI |
2007 28 MAR | £170,000 | £220,892 | 23% below HPI |
2005 18 NOV | £162,500 | £213,482 | 24% below HPI |
2002 28 JUN | £89,950 | £123,894 | 27% 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 five 48 OUTRAM DRIVE sales between June 2002 and August 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 June 2021 sale was for 33% below the HPI. So the extrapolation line tracks at 33% below the HPI over time, until the August 2021 sale, where it falls to 34% below the HPI. The line then continues to track at 34% below the HPI.
48 OUTRAM DRIVE is 74m², which includes two extensions, according to the EPC inspection conducted in February 2021. 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 48 OUTRAM DRIVE lies on this distribution: 13% of detached houses are smaller than 48 OUTRAM DRIVE, and 86% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.
48 OUTRAM DRIVE sits on a plot of roughly 0.072 of an acre, or 293m². The below map shows the location of 48 OUTRAM DRIVE, 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 48 OUTRAM DRIVE). 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.
48 OUTRAM DRIVE is located in SWADLINCOTE, in the DE11 postcode district. The below map shows the position of No. 48 on OUTRAM DRIVE.