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

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 PENKRIDGE ROAD is a small extended detached house of 86m², built sometime between 1991 and 1995, which could now be worth an estimated £249,200. 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. All of the four 3 PENKRIDGE ROAD 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
2024 29 FEB	£238,000	£336,958	29% below HPI
2014 6 FEB	£160,000	£222,352	28% below HPI
2001 1 JUN	£85,000	£108,150	21% below HPI
1999 25 MAR	£82,895	£85,911	4% below 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 28% below the HPI. So the extrapolation line tracks at 28% 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.

What might 3 PENKRIDGE ROAD be worth now?

3 PENKRIDGE ROAD might now be worth an estimated £249,200.

This is based on house price inflation of 4.7%, between February 2024 and February 2025, 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 4.7% inflationary increase is applied to the most recent sale price for 3 PENKRIDGE ROAD of £238,000 on 29th February 2024. For the value to have increased from £238,000 to £249,200 over the one year to February 2025, the following assumptions must hold true:

• The value of 3 PENKRIDGE ROAD has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The February 2024 sale price of £238,000 represented a fair market value for the property.
• The size, condition, and specification of 3 PENKRIDGE ROAD has not materially changed since February 2024.

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 houses in Swadlincote, based on EPC data. The below chart shows the distribution of detached houses houses by size in Swadlincote, and where 3 PENKRIDGE ROAD lies on this distribution: 27% of detached houses houses are smaller than 3 PENKRIDGE ROAD, and 72% 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.