2, OAK SQUARE, CHURCH GRESLEY, SWADLINCOTE, DE11 9QJ - £148,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

2 OAK SQUARE is a very small detached house of 51m², built sometime between 1983 and 1990, which could now be worth an estimated £219,442. It was last sold for £148,000 in September 2015, which was around 40% below the average September 2015 detached price in the South Derbyshire local authority area. The most recent EPC inspection was March 2014, where the current energy rating was D, and the potential energy rating was B.

2 OAK SQUARE Sold Prices

Land registry data shows two sales for 2 OAK SQUARE 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. Both of the two 2 OAK SQUARE 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
2015 4 SEP	£148,000	£246,123	40% below HPI
1998 25 AUG	£66,450	£80,188	17% below HPI

2 OAK SQUARE 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 2 OAK SQUARE sales from August 1998 and September 2015 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 August 1998 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the September 2015 sale, where it falls to 40% below the HPI. The line then continues to track at 40% below the HPI.

What might 2 OAK SQUARE be worth now?

2 OAK SQUARE might now be worth an estimated £219,442.

This is based on house price inflation of 48.3%, between September 2015 and December 2024, 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 48.3% inflationary increase is applied to the most recent sale price for 2 OAK SQUARE of £148,000 on 4th September 2015. For the value to have increased from £148,000 to £219,442 over the eight years and nine months to December 2024, the following assumptions must hold true:

• The value of 2 OAK SQUARE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The September 2015 sale price of £148,000 represented a fair market value for the property.
• The size, condition, and specification of 2 OAK SQUARE has not materially changed since September 2015.

How Large is 2 OAK SQUARE?

2 OAK SQUARE is 51m² according to the EPC inspection conducted in March 2014. This puts it in the smallest 10% 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 2 OAK SQUARE lies on this distribution: 1% of detached houses houses are smaller than 2 OAK SQUARE, and 99% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

2 OAK SQUARE: Plot and Title Map

2 OAK SQUARE sits on a plot of roughly 0.067 of an acre, or 273m². The below map shows the location of 2 OAK SQUARE, 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 OAK SQUARE). 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 OAK SQUARE?

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