12, SOVEREIGN WAY, HEANOR, DE75 7SB - £230,000

12 SOVEREIGN WAY is a large extended detached house of 119m², built sometime between 1996 and 2002. It was last sold for £230,000 in June 2012, which was around 25% above the average June 2012 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2012, where the current energy rating was D, and the potential energy rating was C.

12 SOVEREIGN WAY Sold Prices

Land registry data shows two sales for 12 SOVEREIGN 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 Amber Valley local authority area for the corresponding sale date. Both of the two 12 SOVEREIGN WAY sales were for above 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
2012 15 JUN	£230,000	£184,665	25% above HPI
2006 6 DEC	£224,950	£203,046	11% above HPI

12 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 two 12 SOVEREIGN WAY sales from December 2006 and June 2012 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 December 2006 sale was for 11% above the HPI. So the extrapolation line tracks at 11% above the HPI over time, until the June 2012 sale, where it rises to 25% above the HPI. The line then continues to track at 25% above the HPI.

How Large is 12 SOVEREIGN WAY?

12 SOVEREIGN WAY is 119m², which includes one extension, according to the EPC inspection conducted in May 2012. This puts it in the largest 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 12 SOVEREIGN WAY lies on this distribution: 75% of detached houses are smaller than 12 SOVEREIGN WAY, and 25% of houses are larger. Note that EPC data is not available for all properties in Heanor.

12 SOVEREIGN WAY: Plot and Title Map

12 SOVEREIGN WAY sits on a plot of roughly 0.094 of an acre, or 380m². The below map shows the location of 12 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 12 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 12 SOVEREIGN WAY?

12 SOVEREIGN WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 12 on SOVEREIGN WAY.