3, ESSEX DRIVE, CHURCH GRESLEY, SWADLINCOTE, DE11 9LR - £186,500

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.

3 ESSEX DRIVE is a large semi-detached house of 113m², built sometime between 2003 and 2006, which could now be worth an estimated £238,344. It was last sold for £186,500 in January 2020, which was around 4% above the average January 2020 semi-detached price in the South Derbyshire local authority area. The most recent EPC inspection was August 2010, where the current energy rating was C, and the potential energy rating was C.

3 ESSEX DRIVE Sold Prices

Land registry data shows three sales for 3 ESSEX DRIVE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the South Derbyshire local authority area for the corresponding sale date. Two of the three 3 ESSEX DRIVE sales were for above the average price, whilst one was 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
2020 31 JAN	£186,500	£179,657	4% above HPI
2014 18 FEB	£137,000	£142,547	4% below HPI
2003 3 NOV	£129,950	£109,590	19% above HPI

3 ESSEX DRIVE Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the South Derbyshire local authority area over time, sourced from the HPI. The three 3 ESSEX DRIVE sales between November 2003 and January 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 February 2014 sale was for 4% below the HPI. So the extrapolation line tracks at 4% below the HPI over time, until the January 2020 sale, where it rises to 4% above the HPI. The line then continues to track at 4% above the HPI.

What might 3 ESSEX DRIVE be worth now?

3 ESSEX DRIVE might now be worth an estimated £238,344.

This is based on house price inflation of 27.8%, between January 2020 and February 2025, for semi-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 27.8% inflationary increase is applied to the most recent sale price for 3 ESSEX DRIVE of £186,500 on 31st January 2020. For the value to have increased from £186,500 to £238,344 over the four years and eleven months to February 2025, the following assumptions must hold true:

• The value of 3 ESSEX DRIVE has moved in line with the HPI for semi-detached houses in the South Derbyshire local authority area.
• The January 2020 sale price of £186,500 represented a fair market value for the property.
• The size, condition, and specification of 3 ESSEX DRIVE has not materially changed since January 2020.

How Large is 3 ESSEX DRIVE?

3 ESSEX DRIVE is 113m² according to the EPC inspection conducted in August 2010. This puts it in the largest 40% of semi-detached houses houses in Swadlincote, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Swadlincote, and where 3 ESSEX DRIVE lies on this distribution: 61% of semi-detached houses houses are smaller than 3 ESSEX DRIVE, and 39% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

3 ESSEX DRIVE: Plot and Title Map

3 ESSEX DRIVE sits on a plot of roughly 0.050 of an acre, or 202m². The below map shows the location of 3 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 3 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 3 ESSEX DRIVE?

3 ESSEX DRIVE is located in CHURCH GRESLEY, in the DE11 postcode district. The below map shows the position of No. 3 on ESSEX DRIVE.