8, RESERVOIR WAY, WOODVILLE, SWADLINCOTE, DE11 8BP - £188,000

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

8 RESERVOIR WAY is a small detached house of 100m², built sometime between 1996 and 2002. It was last sold for £188,000 in July 2017, which was around 29% below the average July 2017 detached price in the South Derbyshire local authority area. The most recent EPC inspection was November 2022, where the current energy rating was C, and the potential energy rating was B.

8 RESERVOIR WAY Sold Prices

Land registry data shows two sales for 8 RESERVOIR 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 South Derbyshire local authority area for the corresponding sale date. Both of the two 8 RESERVOIR 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
2017 28 JUL	£188,000	£265,086	29% below HPI
2006 21 MAR	£171,000	£203,208	16% below HPI

8 RESERVOIR WAY 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 two 8 RESERVOIR WAY sales from March 2006 and July 2017 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 March 2006 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the July 2017 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 8 RESERVOIR WAY?

8 RESERVOIR WAY is 100m² according to the EPC inspection conducted in November 2022. This puts it in the smallest 40% of detached houses in Woodville, based on EPC data. The below chart shows the distribution of detached houses by size in Woodville, and where 8 RESERVOIR WAY lies on this distribution: 36% of detached houses are smaller than 8 RESERVOIR WAY, and 64% of houses are larger. Note that EPC data is not available for all properties in Woodville.

8 RESERVOIR WAY: Plot and Title Map

8 RESERVOIR WAY sits on a plot of roughly 0.054 of an acre, or 217m². The below map shows the location of 8 RESERVOIR 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 8 RESERVOIR 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 8 RESERVOIR WAY?

8 RESERVOIR WAY is located in WOODVILLE, in the DE11 postcode district. The below map shows the position of No. 8 on RESERVOIR WAY.