22, ISLAND CLOSE, ALBERT VILLAGE, SWADLINCOTE, DE11 8HF - £127,000

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.

22 ISLAND CLOSE is a very small terraced house of 57m², built sometime between 1996 and 2002, which could now be worth an estimated £169,254. It was last sold for £127,000 in October 2017, which was around 8% below the average October 2017 terraced price in the North West Leicestershire local authority area. The most recent EPC inspection was September 2016, where the current energy rating was C, and the potential energy rating was B.

22 ISLAND CLOSE Sold Prices

Land registry data shows four sales for 22 ISLAND CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the North West Leicestershire local authority area for the corresponding sale date. Most of the four 22 ISLAND CLOSE 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
2017 18 OCT	£127,000	£137,522	8% below HPI
2016 16 DEC	£117,000	£133,630	12% below HPI
2016 15 DEC	£125,000	£133,630	6% below HPI
2002 20 DEC	£79,995	£74,022	8% above HPI

22 ISLAND CLOSE Price Paid vs. HPI Average

The below graph shows the average terraced house price in the North West Leicestershire local authority area over time, sourced from the HPI. The four 22 ISLAND CLOSE sales between December 2002 and October 2017 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 2016 sale was for 12% below the HPI. So the extrapolation line tracks at 12% below the HPI over time, until the October 2017 sale, where it rises to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 22 ISLAND CLOSE be worth now?

22 ISLAND CLOSE might now be worth an estimated £169,254.

This is based on house price inflation of 33.3%, between October 2017 and June 2025, for terraced houses, in the North West Leicestershire local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 33.3% inflationary increase is applied to the most recent sale price for 22 ISLAND CLOSE of £127,000 on 18th October 2017. For the value to have increased from £127,000 to £169,254 over the eight years and four months to June 2025, the following assumptions must hold true:

• The value of 22 ISLAND CLOSE has moved in line with the HPI for terraced houses in the North West Leicestershire local authority area.
• The October 2017 sale price of £127,000 represented a fair market value for the property.
• The size, condition, and specification of 22 ISLAND CLOSE has not materially changed since October 2017.

How Large is 22 ISLAND CLOSE?

22 ISLAND CLOSE is 57m² according to the EPC inspection conducted in September 2016. This puts it in the smallest 10% of terraced houses houses in Swadlincote, based on EPC data. The below chart shows the distribution of terraced houses houses by size in Swadlincote, and where 22 ISLAND CLOSE lies on this distribution: 3% of terraced houses houses are smaller than 22 ISLAND CLOSE, and 96% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

22 ISLAND CLOSE: Plot and Title Map

22 ISLAND CLOSE sits on a plot of roughly 0.035 of an acre, or 140m². The below map shows the location of 22 ISLAND CLOSE, 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 22 ISLAND CLOSE). 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 22 ISLAND CLOSE?

22 ISLAND CLOSE is located in ALBERT VILLAGE, in the DE11 postcode district. The below map shows the position of No. 22 on ISLAND CLOSE.