3, PARSONS CLOSE, CHURCH GRESLEY, SWADLINCOTE, DE11 9NQ - £290,000

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

3 PARSONS CLOSE is a midsized detached house of 112m², built sometime between 1996 and 2002, which could now be worth an estimated £308,309. It was last sold for £290,000 in October 2022, which was around 16% below the average October 2022 detached price in the South Derbyshire local authority area. The most recent EPC inspection was January 2021, where the current energy rating was C, and the potential energy rating was B.

3 PARSONS CLOSE Sold Prices

Land registry data shows three sales for 3 PARSONS CLOSE 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 3 PARSONS CLOSE 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
2022 21 OCT	£290,000	£343,259	16% below HPI
2005 14 APR	£175,000	£207,131	16% below HPI
1999 10 DEC	£79,950	£90,653	12% below HPI

3 PARSONS CLOSE 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 3 PARSONS CLOSE sales between December 1999 and October 2022 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 April 2005 sale was for 16% below the HPI. So the extrapolation line tracks at 16% below the HPI over time, until the October 2022 sale, which was also at 16% below the HPI.

What might 3 PARSONS CLOSE be worth now?

3 PARSONS CLOSE might now be worth an estimated £308,309.

This is based on house price inflation of 6.3%, between October 2022 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 6.3% inflationary increase is applied to the most recent sale price for 3 PARSONS CLOSE of £290,000 on 21st October 2022. For the value to have increased from £290,000 to £308,309 over the one year and ten months to December 2024, the following assumptions must hold true:

• The value of 3 PARSONS CLOSE has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The October 2022 sale price of £290,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PARSONS CLOSE has not materially changed since October 2022.

How Large is 3 PARSONS CLOSE?

3 PARSONS CLOSE is 112m² according to the EPC inspection conducted in January 2021. 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 3 PARSONS CLOSE lies on this distribution: 60% of detached houses houses are smaller than 3 PARSONS CLOSE, and 39% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

3 PARSONS CLOSE: Plot and Title Map

3 PARSONS CLOSE sits on a plot of roughly 0.178 of an acre, or 721m². The below map shows the location of 3 PARSONS CLOSE, 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 PARSONS CLOSE). 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 PARSONS CLOSE?

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