16, WESTMINSTER DRIVE, CHURCH GRESLEY, SWADLINCOTE, DE11 9RX - £205,000

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.

16 WESTMINSTER DRIVE is a very small detached house of 70m², which could now be worth an estimated £326,088. It was last sold for £205,000 in May 2014, which was around 8% below the average May 2014 detached price in the South Derbyshire local authority area. The most recent EPC inspection was November 2008, where the current energy rating was C, and the potential energy rating was C.

16 WESTMINSTER DRIVE Sold Prices

Land registry data shows two sales for 16 WESTMINSTER DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. One of the two 16 WESTMINSTER DRIVE sales was for below the average price, whilst the other was 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
2014 22 MAY	£205,000	£221,802	8% below HPI
2009 11 SEP	£212,500	£197,655	8% above HPI

16 WESTMINSTER 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 two 16 WESTMINSTER DRIVE sales from September 2009 and May 2014 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 2009 sale was for 8% above the HPI. So the extrapolation line tracks at 8% above the HPI over time, until the May 2014 sale, where it falls to 8% below the HPI. The line then continues to track at 8% below the HPI.

What might 16 WESTMINSTER DRIVE be worth now?

16 WESTMINSTER DRIVE might now be worth an estimated £326,088.

This is based on house price inflation of 59.1%, between May 2014 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 59.1% inflationary increase is applied to the most recent sale price for 16 WESTMINSTER DRIVE of £205,000 on 22nd May 2014. For the value to have increased from £205,000 to £326,088 over the eleven years and three months to February 2025, the following assumptions must hold true:

• The value of 16 WESTMINSTER DRIVE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The May 2014 sale price of £205,000 represented a fair market value for the property.
• The size, condition, and specification of 16 WESTMINSTER DRIVE has not materially changed since May 2014.

How Large is 16 WESTMINSTER DRIVE?

16 WESTMINSTER DRIVE is 70m² according to the EPC inspection conducted in November 2008. This puts it in the smallest 20% 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 16 WESTMINSTER DRIVE lies on this distribution: 11% of detached houses houses are smaller than 16 WESTMINSTER DRIVE, and 89% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

16 WESTMINSTER DRIVE: Plot and Title Map

16 WESTMINSTER DRIVE sits on a plot of roughly 0.087 of an acre, or 351m². The below map shows the location of 16 WESTMINSTER 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 16 WESTMINSTER 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 16 WESTMINSTER DRIVE?

16 WESTMINSTER DRIVE is located in CHURCH GRESLEY, in the DE11 postcode district. The below map shows the position of No. 16 on WESTMINSTER DRIVE.