34A, SPRINGFIELD ROAD, MIDWAY, SWADLINCOTE, DE11 0BZ - £265,000

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.

34A SPRINGFIELD ROAD is a very large extended detached house of 173m², built sometime between 1930 and 1949, which could now be worth an estimated £343,233. It was last sold for £265,000 in June 2019, which was around 3% below the average June 2019 detached price in the South Derbyshire local authority area. The most recent EPC inspection was October 2018, where the current energy rating was D, and the potential energy rating was B.

34A SPRINGFIELD ROAD Sold Prices

Land registry data shows four sales for 34A SPRINGFIELD 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 34A SPRINGFIELD 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
2019 21 JUN	£265,000	£272,398	3% below HPI
2016 31 MAR	£174,000	£248,408	30% below HPI
2011 14 APR	£160,000	£207,002	23% below HPI
2000 15 DEC	£75,000	£100,661	25% below HPI

34A SPRINGFIELD 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 34A SPRINGFIELD ROAD sales between December 2000 and June 2019 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 March 2016 sale was for 30% below the HPI. So the extrapolation line tracks at 30% below the HPI over time, until the June 2019 sale, where it rises to 3% below the HPI. The line then continues to track at 3% below the HPI.

What might 34A SPRINGFIELD ROAD be worth now?

34A SPRINGFIELD ROAD might now be worth an estimated £343,233.

This is based on house price inflation of 29.5%, between June 2019 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 29.5% inflationary increase is applied to the most recent sale price for 34A SPRINGFIELD ROAD of £265,000 on 21st June 2019. For the value to have increased from £265,000 to £343,233 over the six years and four months to February 2025, the following assumptions must hold true:

• The value of 34A SPRINGFIELD ROAD has moved in line with the HPI for detached houses in the South Derbyshire local authority area.
• The June 2019 sale price of £265,000 represented a fair market value for the property.
• The size, condition, and specification of 34A SPRINGFIELD ROAD has not materially changed since June 2019.

How Large is 34A SPRINGFIELD ROAD?

34A SPRINGFIELD ROAD is 173m², which includes two extensions, according to the EPC inspection conducted in October 2018. This puts it in the largest 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 34A SPRINGFIELD ROAD lies on this distribution: 95% of detached houses houses are smaller than 34A SPRINGFIELD ROAD, and 4% of houses are larger. Note that EPC data is not available for all properties in Swadlincote.

34A SPRINGFIELD ROAD: Plot and Title Map

34A SPRINGFIELD ROAD sits on a plot of roughly 0.086 of an acre, or 347m². The below map shows the location of 34A SPRINGFIELD 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 34A SPRINGFIELD 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 34A SPRINGFIELD ROAD?

34A SPRINGFIELD ROAD is located in MIDWAY, in the DE11 postcode district. The below map shows the position of No. 34A on SPRINGFIELD ROAD.