16, SOVEREIGN WAY, HEANOR, DE75 7SB - £235,000

16 SOVEREIGN WAY is a very large detached house of 144m², built sometime between 1996 and 2002. It was last sold for £235,000 in September 2011, which was around 27% above the average September 2011 detached price in the Amber Valley local authority area. The most recent EPC inspection was May 2011, where the current energy rating was D, and the potential energy rating was C.

16 SOVEREIGN WAY Sold Prices

Land registry data shows two sales for 16 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 16 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
2011 2 SEP	£235,000	£185,414	27% above HPI
1998 8 MAY	£96,450	£67,370	43% above HPI

16 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 16 SOVEREIGN WAY sales from May 1998 and September 2011 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 May 1998 sale was for 43% above the HPI. So the extrapolation line tracks at 43% above the HPI over time, until the September 2011 sale, where it falls to 27% above the HPI. The line then continues to track at 27% above the HPI.

How Large is 16 SOVEREIGN WAY?

16 SOVEREIGN WAY is 144m² according to the EPC inspection conducted in May 2011. This puts it in the largest 10% of detached houses in Heanor, based on EPC data. The below chart shows the distribution of detached houses by size in Heanor, and where 16 SOVEREIGN WAY lies on this distribution: 90% of detached houses are smaller than 16 SOVEREIGN WAY, and 10% of houses are larger. Note that EPC data is not available for all properties in Heanor.

16 SOVEREIGN WAY: Plot and Title Map

16 SOVEREIGN WAY sits on a plot of roughly 0.101 of an acre, or 408m². The below map shows the location of 16 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 16 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 16 SOVEREIGN WAY?

16 SOVEREIGN WAY is located in HEANOR, in the DE75 postcode district. The below map shows the position of No. 16 on SOVEREIGN WAY.