50, SOVEREIGN WAY, HEANOR, DE75 7SB - £117,000

Based on the December 2024 Price Paid Data (released on 29th January 2025), the November 2024 House Price Index (released on 15th January 2025), and the December 2024 Energy Performance of Buildings Data (released on 31st January 2025). Sources

50 SOVEREIGN WAY is a small semi-detached house of 83m², built sometime between 1996 and 2002. It was last sold for £117,000 in November 2004, which was around 38% below the average November 2004 detached price in the Amber Valley local authority area. The most recent EPC inspection was February 2009, where the current energy rating was C, and the potential energy rating was C.

50 SOVEREIGN WAY Sold Prices

Land registry data shows three sales for 50 SOVEREIGN WAY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the three 50 SOVEREIGN WAY 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
2004 4 NOV	£117,000	£188,780	38% below HPI
2002 11 NOV	£86,000	£124,814	31% below HPI
2002 17 JUL	£30,000	£108,855	72% below HPI

50 SOVEREIGN 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 three 50 SOVEREIGN WAY sales between July 2002 and November 2004 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 November 2002 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the November 2004 sale, where it falls to 38% below the HPI. The line then continues to track at 38% below the HPI.

How Large is 50 SOVEREIGN WAY?

50 SOVEREIGN WAY is 83m² according to the EPC inspection conducted in February 2009. This puts it in the smallest 30% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 50 SOVEREIGN WAY lies on this distribution: 28% of detached houses are smaller than 50 SOVEREIGN WAY, and 72% of houses are larger. Note that EPC data is not available for all properties in Heanor.

50 SOVEREIGN WAY: Plot and Title Map

50 SOVEREIGN WAY sits on a plot of roughly 0.067 of an acre, or 272m². The below map shows the location of 50 SOVEREIGN 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 50 SOVEREIGN 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 50 SOVEREIGN WAY?

50 SOVEREIGN WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 50 on SOVEREIGN WAY.