# 12 IVATT CLOSE, MIDWAY, SWADLINCOTE, SOUTH DERBYSHIRE, DERBYSHIRE, DE11 7FZ

## Property details

- Slug: `406ccac` (address key hash: `406ccac13bc4b6d3624610b0d09280d7326db2cd`)
- Postcode: DE11 7FZ
- Transactions on record: 1

- Tenure: Freehold
- Property type: Detached
- Floor area: 98 m²
- EPC rating: B
- Last sold: £279,950 Jul 2023
- Price per m²: £2,857/m²
- Local average: £306,561 (84 sales)

## Latest sale

- Price: £279,950
- Date: 2023-07-28
- Type: D
- Tenure: F

## EPC Rating & Upgrade Cost

- **Current rating:** B
- **Potential rating:** A
- **Expiry date:** 24/05/2033
- **Current heating cost:** £541/year
- **Est. upgrade cost to C:** £9,500

### Recommendations
- N (£4,000 - £6,000)
- U (£3,500 - £5,500)

[View full EPC on gov.uk](https://find-energy-certificate.service.gov.uk/energy-certificate/8700-2055-0832-2225-3573)

## Price history

| Event | Date | Price | Type | % change | Today’s value (HPI) | Transaction |
|-------|------|-------|------|--------|---------------------|-------------|
| Sold | 2023-07-28 | £279,950 | Detached | — | £286,171 (to May 2026) | [View](http://87.117.209.195:8080/house-prices/2131fcf5-eb5e-86e8-e063-4804a8c0372b) |

*Today’s value (HPI): adjusted using published house price index trends for the area and property type; not a valuation of the property today.*

## Sales History

*Recorded sales for this property. Data from Land Registry Price Paid.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 12 IVATT CLOSE, MIDWAY, SWADLINCOTE, SOUTH DERBYSHIRE, DERBYSHIRE, DE11 7FZ | £279,950 | 28/07/2023 | Detached |

## Sold Comparables

*Same street and nearby sales within 0.25 miles. Data from Land Registry Price Paid. Last 5 years.*

| Address | Price | Date | Type |
|---------|-------|------|------|
| 16 IVATT CLOSE, MIDWAY, SWADLINCOTE, SOUTH DERBYSHIRE, DERBYSHIRE, DE11 7FZ | £349,950 | 30/06/2023 | Detached |
| 7 IVATT CLOSE, MIDWAY, SWADLINCOTE, SOUTH DERBYSHIRE, DERBYSHIRE, DE11 7FZ | £289,950 | 19/05/2023 | Detached |
| 2 IVATT CLOSE, MIDWAY, SWADLINCOTE, SOUTH DERBYSHIRE, DERBYSHIRE, DE11 7FZ | £270,000 | 18/01/2023 | Detached |

**Area average:** £303,300 (3 sales)

## Capital growth trend

*Land Registry outcode average from sold prices: last 12 months vs 5y and 10y ago.*

- **5y growth:** 21.4%
- **10y growth:** 41%

## House Price Index (HM Land Registry)

*Official index for East Midlands; Detached series; as of May 2026.*

- **1y growth (index):** 3%
- **5y growth (index):** 17.8%
- **10y growth (index):** 47.1%

## Rental Range

*ONS Price Index of Private Rents (East Midlands). Low / Realistic / Optimistic = conservative / average / best case.*

- **Low:** £826/mo
- **Realistic:** £918/mo
- **Optimistic:** £1,010/mo

## LHA (Local Housing Allowance)

*VOA 30th percentile rent floor for Eastern Staffordshire (Apr 2025 – Mar 2026).*

## Rental Comparables

*Residential lets from OpenRent and Rightmove for the area. Bedroom counts vary — use the Beds column to compare like-for-like lets. Student lets are excluded.*

| Title | Rent | Beds | As seen on |
|------|------|------|------|
| 1 Bed Flat, High Street, DE11 | £650/mo | 1 | OpenRent |
| 1 Bed Flat, Frederick Street, DE11 | £675/mo | 1 | OpenRent |
| 1 Bed Flat, Frederick Street, DE11 | £675/mo | 1 | OpenRent |
| Studio Flat, The Old Bakery, DE11 | £750/mo | 1 | OpenRent |
| 2 Bed Terraced House, Weston St, DE11 | £750/mo | 2 | OpenRent |
| 2 Bed Terraced House, Swadlincote Road, DE11 | £750/mo | 2 | OpenRent |
| 2 Bed Terraced House, Weston St, DE11 | £750/mo | 2 | OpenRent |
| 2 Bed End Terrace, Ensor Close, DE11 | £775/mo | 2 | OpenRent |
| 2 Bed Flat, Swadlincote Road, DE11 | £795/mo | 2 | OpenRent |
| 2 Bed Flat, Swadlincote Road, DE11 | £835/mo | 2 | OpenRent |
| 2 Bed Terraced House, Midland Road, DE11 | £850/mo | 2 | OpenRent |
| 2 Bed End Terrace, Ensor Close, DE11 | £895/mo | 2 | OpenRent |
| 3 Bed Detached House, Swadlincote, DE11 | £1,395/mo | 3 | OpenRent |
| 2 Bed Semi-Detached House, Granville Street, DE11 | £2,300/mo | 2 | OpenRent |
| 2 Bed Semi-Detached House, Granville Street, DE11 | £2,300/mo | 2 | OpenRent |

**Average rent: £1,010/mo (15 listings)**

## 1% Rule

- **Rent ratio:** 0.28% (weak for cashflow)
- **Max investor price (0.8%):** £96,875
- **Target investor price (1%):** £77,500

*Monthly rent ÷ price. 1%+ = strong, 0.8–1% = okay, <0.8% = weak. Max investor price = rent ÷ 0.8% (Stoke-style target). Target investor price = rent ÷ 1% (strong cashflow band). Based on OpenRent comparables.*

## Rent-driven metrics

*Based on OpenRent comparables (median £775/mo).*

- **Gross yield:** 3.3%
- **Cost-to-rent:** 30.1×
- **Monthly cashflow:** £-430/mo (75% LTV, 3.95% APR (5yr fixed), 25yr term)
- **Cash-on-cash ROI:** -6.4%

*Gross yield = annual rent as % of price (no costs). Cost-to-rent = price ÷ annual rent (from OpenRent comparables); under 14× = strong, 14–16× = acceptable, 17×+ = compressed. Cashflow = rent − mortgage − 10% maintenance − £25/mo compliance; assumes 75% LTV, 3.95% APR (5yr fixed), 25yr term. ROI = annual profit ÷ cash in (deposit + 4% purchase costs).*