3, PENKRIDGE ROAD, CHURCH GRESLEY, SWADLINCOTE, DE11 9FH - £238,000

Based on the August 2024 Price Paid Data (released on 27th September 2024), the July 2024 House Price Index (released on 18th September 2024), and the August 2024 Energy Performance of Buildings Data (released on 3rd October 2024). Sources

3 PENKRIDGE ROAD is a small extended detached house of 86m², built sometime between 1991 and 1995. It was last sold for £238,000 in February 2024, which was around 29% below the average February 2024 detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2023, where the current energy rating was C, and the potential energy rating was B.

3 PENKRIDGE ROAD Sold Prices

Land registry data shows four sales for 3 PENKRIDGE ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the South Derbyshire local authority area for the corresponding sale date. The four 3 PENKRIDGE ROAD sales were a mix of below the average price, and roughly equal to 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
2024 29 FEB	£238,000	£334,076	29% below HPI
2014 6 FEB	£160,000	£215,219	26% below HPI
2001 1 JUN	£85,000	£104,680	19% below HPI
1999 25 MAR	£82,895	£83,155	Close to HPI

3 PENKRIDGE ROAD 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 four 3 PENKRIDGE ROAD sales between March 1999 and February 2024 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 26% below the HPI. So the extrapolation line tracks at 26% below the HPI over time, until the February 2024 sale, where it falls to 29% below the HPI. The line then continues to track at 29% below the HPI.

How Large is 3 PENKRIDGE ROAD?

3 PENKRIDGE ROAD is 86m², which includes one extension, according to the EPC inspection conducted in October 2023. This puts it in the smallest 30% of detached houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses by size in Swadlincote, and where 3 PENKRIDGE ROAD lies on this distribution: 27% of detached houses are smaller than 3 PENKRIDGE ROAD, and 71% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

3 PENKRIDGE ROAD: Plot and Title Map

3 PENKRIDGE ROAD sits on a plot of roughly 0.062 of an acre, or 251m². The below map shows the location of 3 PENKRIDGE ROAD, 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 PENKRIDGE ROAD). 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 PENKRIDGE ROAD?

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