15, BUCKINGHAM DRIVE, CHURCH GRESLEY, SWADLINCOTE, DE11 9LD - £225,000

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.

15 BUCKINGHAM DRIVE is a large extended detached house of 118m², built sometime between 1996 and 2002, which could now be worth an estimated £292,433. It was last sold for £225,000 in May 2018, which was around 17% below the average May 2018 detached price in the South Derbyshire local authority area. The most recent EPC inspection was February 2016, where the current energy rating was C, and the potential energy rating was B.

15 BUCKINGHAM DRIVE Sold Prices

Land registry data shows three sales for 15 BUCKINGHAM DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. All of the three 15 BUCKINGHAM DRIVE 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
2018 11 MAY	£225,000	£271,458	17% below HPI
2016 30 SEP	£205,000	£260,051	21% below HPI
2003 3 OCT	£169,950	£173,824	2% below HPI

15 BUCKINGHAM DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 15 BUCKINGHAM DRIVE sales between October 2003 and May 2018 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 September 2016 sale was for 21% below the HPI. So the extrapolation line tracks at 21% below the HPI over time, until the May 2018 sale, where it rises to 17% below the HPI. The line then continues to track at 17% below the HPI.

What might 15 BUCKINGHAM DRIVE be worth now?

15 BUCKINGHAM DRIVE might now be worth an estimated £292,433.

This is based on house price inflation of 30%, between May 2018 and February 2025, for 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 30% inflationary increase is applied to the most recent sale price for 15 BUCKINGHAM DRIVE of £225,000 on 11th May 2018. For the value to have increased from £225,000 to £292,433 over the seven years and three months to February 2025, the following assumptions must hold true:

• The value of 15 BUCKINGHAM DRIVE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The May 2018 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 15 BUCKINGHAM DRIVE has not materially changed since May 2018.

How Large is 15 BUCKINGHAM DRIVE?

15 BUCKINGHAM DRIVE is 118m², which includes one extension, according to the EPC inspection conducted in February 2016. This puts it in the largest 40% of detached houses houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swadlincote, and where 15 BUCKINGHAM DRIVE lies on this distribution: 68% of detached houses houses are smaller than 15 BUCKINGHAM DRIVE, and 32% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

15 BUCKINGHAM DRIVE: Plot and Title Map

15 BUCKINGHAM DRIVE sits on a plot of roughly 0.081 of an acre, or 328m². The below map shows the location of 15 BUCKINGHAM DRIVE, 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 BUCKINGHAM DRIVE). 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 BUCKINGHAM DRIVE?

15 BUCKINGHAM DRIVE is located in CHURCH GRESLEY, in the DE11 postcode district. The below map shows the position of No. 15 on BUCKINGHAM DRIVE.