15, SOVEREIGN WAY, HEANOR, DE75 7SB - £146,500

15 SOVEREIGN WAY is a very small extended detached house of 74m², built sometime between 1996 and 2002. It was last sold for £146,500 in April 2010, which was around 20% below the average April 2010 detached price in the Amber Valley local authority area. The most recent EPC inspection was December 2009, where the current energy rating was D, and the potential energy rating was C.

15 SOVEREIGN WAY Sold Prices

Land registry data shows four sales for 15 SOVEREIGN WAY since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Amber Valley local authority area for the corresponding sale date. All of the four 15 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
2010 23 APR	£146,500	£182,365	20% below HPI
2006 29 MAR	£145,950	£186,382	22% below HPI
2001 16 MAR	£75,500	£92,600	18% below HPI
1998 28 AUG	£59,000	£69,815	15% below HPI

15 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 four 15 SOVEREIGN WAY sales between August 1998 and April 2010 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 22% below the HPI. So the extrapolation line tracks at 22% below the HPI over time, until the April 2010 sale, where it rises to 20% below the HPI. The line then continues to track at 20% below the HPI.

How Large is 15 SOVEREIGN WAY?

15 SOVEREIGN WAY is 74m², which includes one extension, according to the EPC inspection conducted in December 2009. This puts it in the smallest 20% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 15 SOVEREIGN WAY lies on this distribution: 16% of detached houses are smaller than 15 SOVEREIGN WAY, and 84% of houses are larger. Note that EPC data is not available for all properties in Heanor.

15 SOVEREIGN WAY: Plot and Title Map

15 SOVEREIGN WAY sits on a plot of roughly 0.051 of an acre, or 206m². The below map shows the location of 15 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 15 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 15 SOVEREIGN WAY?

15 SOVEREIGN WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 15 on SOVEREIGN WAY.