2, ESSEX DRIVE, CHURCH GRESLEY, SWADLINCOTE, DE11 9LR - £294,000

Based on the September 2024 Price Paid Data (released on 28th October 2024), the August 2024 House Price Index (released on 16th October 2024), and the September 2024 Energy Performance of Buildings Data (released on 31st October 2024). Sources

2 ESSEX DRIVE is a very large detached house of 171m², built sometime between 2003 and 2006. It was last sold for £294,000 in March 2020, which was around 9% above the average March 2020 detached price in the South Derbyshire local authority area. The most recent EPC inspection was September 2017, where the current energy rating was C, and the potential energy rating was B.

2 ESSEX DRIVE Sold Prices

Land registry data shows three sales for 2 ESSEX 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 2 ESSEX DRIVE sales were 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
2020 12 MAR	£294,000	£269,489	9% above HPI
2018 11 MAY	£275,000	£262,750	5% above HPI
2003 28 NOV	£184,950	£169,979	9% above HPI

2 ESSEX 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 2 ESSEX DRIVE sales between November 2003 and March 2020 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 2018 sale was for 5% above the HPI. So the extrapolation line tracks at 5% above the HPI over time, until the March 2020 sale, where it rises to 9% above the HPI. The line then continues to track at 9% above the HPI.

How Large is 2 ESSEX DRIVE?

2 ESSEX DRIVE is 171m² according to the EPC inspection conducted in September 2017. This puts it in the largest 10% of detached houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses by size in Swadlincote, and where 2 ESSEX DRIVE lies on this distribution: 95% of detached houses are smaller than 2 ESSEX DRIVE, and 5% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

2 ESSEX DRIVE: Plot and Title Map

2 ESSEX DRIVE sits on a plot of roughly 0.063 of an acre, or 254m². The below map shows the location of 2 ESSEX 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 2 ESSEX 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 2 ESSEX DRIVE?

2 ESSEX DRIVE is located in CHURCH GRESLEY, in the DE11 postcode district. The below map shows the position of No. 2 on ESSEX DRIVE.