2, THE LEYS, NEWHALL, SWADLINCOTE, DE11 0TY - £172,500

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 THE LEYS is a small semi-detached house of 83m², built sometime between 1967 and 1975, which could now be worth an estimated £196,444. It was last sold for £172,500 in November 2021, which was around 14% below the average November 2021 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was September 2021, where the current energy rating was C, and the potential energy rating was B.

2 THE LEYS Sold Prices

Land registry data shows two sales for 2 THE LEYS since 1^st January 1995. The below table shows the price paid for the two sales, along with the average semi-detached price in the South Derbyshire local authority area for the corresponding sale date. Both of the two 2 THE LEYS 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
2021 8 NOV	£172,500	£201,614	14% below HPI
2012 25 MAY	£90,000	£138,974	35% below HPI

2 THE LEYS Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The two 2 THE LEYS sales from May 2012 and November 2021 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 2012 sale was for 35% below the HPI. So the extrapolation line tracks at 35% below the HPI over time, until the November 2021 sale, where it rises to 14% below the HPI. The line then continues to track at 14% below the HPI.

What might 2 THE LEYS be worth now?

2 THE LEYS might now be worth an estimated £196,444.

This is based on house price inflation of 13.9%, between November 2021 and February 2025, for semi-detached houses, in the South Derbyshire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.9% inflationary increase is applied to the most recent sale price for 2 THE LEYS of £172,500 on 8th November 2021. For the value to have increased from £172,500 to £196,444 over the four years and nine months to February 2025, the following assumptions must hold true:

• The value of 2 THE LEYS has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The November 2021 sale price of £172,500 represented a fair market value for the property.
• The size, condition, and specification of 2 THE LEYS has not materially changed since November 2021.

How Large is 2 THE LEYS?

2 THE LEYS is 83m² according to the EPC inspection conducted in September 2021. This puts it in the smallest 30% of semi-detached houses houses in Swadlincote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swadlincote, and where 2 THE LEYS lies on this distribution: 24% of semi-detached houses houses are smaller than 2 THE LEYS, and 75% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

2 THE LEYS: Plot and Title Map

2 THE LEYS sits on a plot of roughly 0.053 of an acre, or 214m². The below map shows the location of 2 THE LEYS, 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 2 THE LEYS). 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 2 THE LEYS?

2 THE LEYS is located in NEWHALL, in the DE11 postcode district. The below map shows the position of No. 2 on THE LEYS.