8, SWALLOW DRIVE, CLAYPOLE, NEWARK, NG23 5FG - £199,000

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 SWALLOW DRIVE is a very small detached house of 91m², built sometime between 1996 and 2002. It was last sold for £199,000 in May 2018, which was around 33% below the average May 2018 detached price in the South Kesteven local authority area. The most recent EPC inspection was February 2010, where the current energy rating was C, and the potential energy rating was C.

8 SWALLOW DRIVE Sold Prices

Land registry data shows five sales for 8 SWALLOW DRIVE since 1^st January 1995. The below table shows the price paid for the five sales, along with the average detached price in the South Kesteven local authority area for the corresponding sale date. All of the five 8 SWALLOW 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
2018 4 MAY	£199,000	£295,828	33% below HPI
2015 12 MAR	£167,000	£239,289	30% below HPI
2007 5 FEB	£156,500	£228,746	32% below HPI
2002 22 NOV	£120,000	£163,069	26% below HPI
2000 28 APR	£64,950	£97,078	33% below HPI

8 SWALLOW DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Kesteven local authority area over time, sourced from the HPI. The five 8 SWALLOW DRIVE sales between April 2000 and May 2018 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 2015 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the May 2018 sale, where it falls to 33% below the HPI. The line then continues to track at 33% below the HPI.

How Large is 8 SWALLOW DRIVE?

8 SWALLOW DRIVE is 91m² according to the EPC inspection conducted in February 2010. This puts it in the smallest 20% of detached houses in Claypole, based on EPC data. The below chart shows the distribution of detached houses by size in Claypole, and where 8 SWALLOW DRIVE lies on this distribution: 16% of detached houses are smaller than 8 SWALLOW DRIVE, and 84% of houses are larger. Note that EPC data is not available for all properties in Claypole.

8 SWALLOW DRIVE: Plot and Title Map

8 SWALLOW DRIVE sits on a plot of roughly 0.055 of an acre, or 224m². The below map shows the location of 8 SWALLOW 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 8 SWALLOW 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.

Where is 8 SWALLOW DRIVE?

8 SWALLOW DRIVE is located in CLAYPOLE, in the NG23 postcode district. The below map shows the position of No. 8 on SWALLOW DRIVE.